Comments on: Surprise Turnover in Freddie Mac's Top Management http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/ Fri, 18 May 2012 02:39:21 +0000 hourly 1 http://wordpress.org/?v= By: John M. http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5033 John M. Thu, 03 May 2007 12:05:00 +0000 http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5033 NVmike - You're not the first to voice such criticism (Doomer Old Mike used to help hold me to the straight & narrow, and I miss his advice!) Among other things, I'm a retired (Canadian federal) bureaucrat, so my view of the world is likely a bit bent. Anyway, why I got all excited about Freddie's COO turning his nose up at the CEO post is because it's not "just a job." Freddie is such a big financial company that it really counts as a moderate sized country in terms of power. Therefore the context is more like real politics than office politics. It's a bit like General Sherman famously turning down a chance to be President, an unusual occurrence. NVmike -

You’re not the first to voice such criticism (Doomer Old Mike used to help hold me to the straight & narrow, and I miss his advice!)

Among other things, I’m a retired (Canadian federal) bureaucrat, so my view of the world is likely a bit bent.

Anyway, why I got all excited about Freddie’s COO turning his nose up at the CEO post is because it’s not “just a job.” Freddie is such a big financial company that it really counts as a moderate sized country in terms of power. Therefore the context is more like real politics than office politics. It’s a bit like General Sherman famously turning down a chance to be President, an unusual occurrence.

]]> By: NVmike http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5032 NVmike Thu, 03 May 2007 03:48:24 +0000 http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5032 John, when I read your posts I frequently find myself thinking: I wish I knew what his point was! I mean this in the nicest way ... you talk WAY over my head. :) As I read the article above, I'm left wondering: "Why do I care that the COO turned down the CEO job?" "Is that significant, and if so, why?" Can you help me out with those questions? John, when I read your posts I frequently find myself thinking: I wish I knew what his point was!

I mean this in the nicest way … you talk WAY over my head. :)

As I read the article above, I’m left wondering: “Why do I care that the COO turned down the CEO job?” “Is that significant, and if so, why?”

Can you help me out with those questions?

]]> By: kboy http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5031 kboy Thu, 03 May 2007 02:20:05 +0000 http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5031 Thanks for sharing. Thanks for sharing.

]]> By: jan-martin feddersen http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5030 jan-martin feddersen Wed, 02 May 2007 10:38:47 +0000 http://housingdoom.com/2007/05/02/fre-top-mgmt-turmoil/#comment-5030 i thought after the news hit the market that the stock would drop significantly.... ended unchanged..... i thought after the news hit the market that the stock would drop significantly….

ended unchanged…..

]]>