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Senate confirms Allison as TARP chief (Reuters)

Washington : DC : USA | 5 months ago  
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Senate on Friday confirmed Herb Allison, the former chief executive of mortgage finance company Fannie Mae , as assistant Treasury secretary to oversee the government's $700 billion bank bailout fund. Allison, had led Fannie Mae (FNM.P) after the Treasury Department seized it last September to...
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  • News Source: Star Tribune | 5 months ago
    Herbert Allison, the former head of troubled mortgage giant Fannie Mae, has been confirmed to oversee the government's $700 billion bank bailout program. The Senate voted Friday to confirm Allison as the Treasury Department's assistant secretary for...
  • News Source: Turks and Caicos Free Press | 5 months ago
    Senate on Friday confirmed Herb Allison, the former chief executive of mortgage finance company Fannie Mae , as assistant Treasury secretary to oversee the government's $700 billion bank bailout fund. Allison, had led Fannie Mae (FNM.P) after the...
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