Richard Syron
Latest Richard Syron News
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EXCERPT: Henry M. Paulson Jr.'s: 'On the Brink'Fannie and Freddie. We could give them no room to maneuver. We couldn't very well go to Daniel Mudd at Fannie Mae or Richard Syron at Freddie Mac and say: "Here's our idea for how to save you. Why don't we just take you over and throw you out
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Freddie Mac, Fannie Mae sink into managerial turmoil
securities filings. Freddie's top leadership has changed repeatedly since fall. The government ousted Freddie Mac CEO Richard Syron in September and his replacement, David Moffett, resigned last month. John Koskinen, a board member, was named
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CEO leaving troubled mortgage giant Freddie Mac after 6 months
since last fall, when the federal government put the company into conservatorship. Moffett was appointed to replace Richard Syron as CEO. John Koskinen, chairman of the board, said Monday in a statement that "we are very sorry to see David go
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Why Were Mortgage Warnings Ignored?concerns raised in 2004 about an impending housing crisis. The New York Times reported on Tuesday that Freddie CEO Richard Syron failed to follow advice by David A. Andrukonis, the company's former chief risk officer, who warned that the loans
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CEO Salaries Weather Mortgage Crisis
Daniel Mudd, the CEO of Fannie Mae, received $11.6 million in salary, stock and other compensation for 2007. Richard Syron , CEO of Freddie Mac, took home about $18.3 million last year. In addition to Syron's salary, stock options
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Fannie, Freddie to Use Billions More for LendingFannie and Freddie) were put in place for. ... And we will deliver," Freddie Mac Chairman and chief executive Richard Syron said. Influential Democratic lawmakers have been pushing for a reduction in the companies' capital-holding requirements
News
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Top former Fannie, Freddie execs to testify at mortgage crisis hearing
scandals. The most recent pair of former top executives, Fannie Mae CEO Daniel Mudd and his counterpart at Freddie Mac, Richard Syron , were removed from their jobs this year after the government takeover. Freddie Mac last month asked for an initial
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Fannie, Freddie execs ignored warnings about risky loans
could not have remained competitive in or even relevant in the residential mortgage market," former Freddie Mac CEO Richard Syron told the House Oversight and Government Reform Committee. But panel members lambasted the executives for taking undue
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Fannie, Freddie Ignored Risky Loan Warnings
criticized them for ignoring warnings about risky mortgages. Former Freddie Mac chief executives Leland Brendsel and Richard Syron and former Fannie Mae chief executives Daniel Mudd and Franklin Raines were at Capitol Hill for the House Oversight
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Aflac CEO says he'll give up golden parachute if ousted
attack, especially those at companies receiving bailout money. The government denied exit packages to Daniel Mudd and Richard Syron , the departing CEOs of Fannie Mae and Freddie Mac. Under pressure, AIG has frozen the $19 million it owes former
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The Biggest CEO Firings of 2008
partner site, Forbes.com. Their distinguished company includes James Cayne of the now-deceased Bear Stearns and Richard Syron and Daniel Mudd, the former CEOs of the mortgage buyers Freddie Mac and Fannie Mae. "There are two kinds of CEO
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Why 'sorry' isn't in many CEOs' vocabularies anymore
Edward Liddy replaced Willumstad at AIG, Herbert Allison replaced Dan Mudd at Fannie Mae, and David Moffett replaced Richard Syron at Freddie Mac, all last month. "Time is running out for apologies to be effective," Gaines-Ross says. "If
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Mega-Million Dollar CEO Payouts
000 2006 Daniel Mudd $4,400,000 $2,290,000 $6,690,000 Freddie Mac 2007 Richard Syron $5,590,000 $0 $5,590,000 2006 Richard Syron $5,150,000 $0 $5,150,000
Videos
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Fannie Mae, Freddie Mac Execs Accused of Fraudunemployment just wasn't an office in just one year Daniel Mudd earned nearly eleven million dollars CEO of Fannie and Richard Syron earned more than eighteen million and CEO of Freddie. They put out statements today denying the charges the SEC's
Daniel Mudd earned nearly eleven million dollars -- CEO of Fannie and Richard Syron earned more than eighteen million and CEO of Freddie. They put out statements today denying the charges the SEC's theory and approach
