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...