More changes at Freddie

news

by Saskia Scholtes

Another round of management changes has been announced by mortgage agency Freddie Mac, with recently installed CEO Greg Parseghian paying the price for a summer of troubles at the beleaguered company.

Freddie Mac’s board, which had already replaced its chief executive and other top managers in June over an accounting scandal, was forced to ask Parseghian to step down as chief executive just two months after taking up the

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