Fannie clears out senior management

US housing agency Fannie Mae has undergone significant management changes after going in to conservatorship on September 7. The company has announced the resignations of chief business officer, Peter Niculescu; general counsel, Beth Wilkinson; chief information officer, Rahul Merchant; and senior vice president for government and industry relations, Duane Duncan.

Elsewhere, Sallie Mae, the US student loan company, has appointed David West as chief credit officer. West will be responsible for

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