Nevertheless, your enemies in the finance and marketing departments are gonna talk about the subprime mortgage crisis and the institutional bailouts as if they are smarter and more informed than you are…
…and we can’t let that happen.
- You can hit The Wikipedias to find out more about Fannie Mae & Freddie Mac.
- USA Today has a good FAQ on Fannie & Freddie — and it’s written for normal people who don’t like jargon.
- Finally, I give you the Subprime Mortgage Crisis for Dummies (in powerpoint, no less). There are stick figures just like xkcd.
My advice? Get up to speed on the Fannie & Freddie debacle, HR peeps, so you can school the chumps in your company and impress the heck out of your bosses and peers.
- Under the terms of his employment contract, Daniel H. Mudd, the departing head of Fannie Mae, stands to collect $9.3 million in severance pay, retirement benefits and deferred compensation, provided his dismissal is deemed to be