So the new guy heading Freddie Mac is from Carlyle Group?

[antigop]

http://www.bizjournals.com/albuquerque/stories/2008/09/08/daily1.html

Herbert Allison, former CEO of TIAA-CREF, has been named the new CEO of Fannie. David Moffett, former vice chairman and chief financial officer at U.S. Bancorp, will take Freddie’s helm.

From Carlyle's website:
http://www.carlyle.com/Team/item9812.html

David Moffett is a Senior Advisor focused on opportunities in the global financial services sector.

Mr. Moffett retired as Vice Chairman and Chief Financial Officer of U.S. Bancorp in 2007 having served the company in this capacity since 1993. Moffett was responsible for all the company’s financial management responsibilities including corporate accounting and reporting, tax credit investments, insurance, real estate, purchasing, treasury, venture capital, corporate real estate, media and investor relations, strategic planning, pension management, and mergers and acquisitions. From 1998 to 2001 he was also responsible for the company’s asset management, wealth management, trust, and fiduciary activities.

[antigop]

1. Yep, per Bloomberg

http://www.bloomberg.com/apps/news?pid=20601087&sid=am4lVBpYknR8&refer=home

Moffett, 56, a Carlyle Group executive who was once vice chairman of U.S. Bancorp, will head McLean, Virginia-based Freddie.

[Mr Rabble]

2. Carlyle is taking over McLean, it seems...

[soothsayer]

3. yup. remember when carlyle was losing all those billions and had margin calls?

they didn'/t like that

[underseasurveyor]

4. FUCK! Will this shit EVER Stop!!!

It just won't f'ing stop:banghead: (((/SCREAM)))