Apr 17th, 2009 - Reuters
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WASHINGTON (Reuters) - Herb Allison, who has been chief executive of Fannie Mae since it was seized by the government last September, has been tapped to oversee the $700 billion financial rescue fund conceived to restore rattled markets, the White House said on Friday.
Related stories:
US bank lending drops in February despite bailouts: report
Apr 20th, 2009 - Reuters
(Reuters) - Banks that received the most U.S. government aid made or refinanced 23 percent less in new loans in February, than in October 2008, when the U.S. Treasury launched its Troubled Asset Relief Program...
Fannie Mae CEO Allison Nominated to Run Treasury's TARP Office
Apr 17th, 2009 - Bloomberg
April 18 (Bloomberg) -- President Barack Obama nominatedFannie Mae Chief Executive Officer Herb Allison to run theTreasury office overseeing the $700 billion bank rescue. Allison, 65, a former Merrill Lynch & Co...
Fannie Mae CEO Herbert Allison Named Treasury's Bank Bailout Chief
Apr 17th, 2009 - The Huffington Post
WASHINGTON — The White House turned to an experienced former investment banker Friday to run the federal government's $700 billion bank rescue effort, selecting the head of mortgage giant Fannie Mae as an assistant Treasury secretary.
Fannie Mae chief tapped to head US bank rescue
Apr 17th, 2009 - Reuters
WASHINGTON (Reuters) - The executive chosen to lead Fannie Mae through a government takeover has been tapped to oversee the $700 billion rescue of the U.S. financial system...
Inside the Fed's Trillion-Dollar Decision
Apr 8th, 2009 - Washington Post
Worries about a prolonged economic slump and a lack of progress in thawing frozen credit markets persuaded Federal Reserve leaders last month to inject more than a trillion dollars into the economy...
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