Jan 10, 2012 5:47PM Statement of FHFA Acting Director Edward J. DeMarco on Michael Williams Announcement "Today Michael Williams announced his intention to step down as Chief Executive Officer of Fannie Mae after 21 years of service to the company. Over these years, Mr. Williams has served Fannie Mae in many capacities, most notably as the executive responsible for overseeing the company's financial restatements and accounting and control reforms pre-conservatorship, as Chief Operating Officer, and since... Jan 10, 2012 10:10AM Last weekend I took my daughter, who is taking some fancy economics class in high school, with me to the used record store. I had eighty three 45 RPM records that I've been hauling around me with for the last 25-30 years, gathering dust after I played them once to record them onto my cassette tapes, and I figured I'd sell them to help finance her college tuition. "You'll see economics in action!" I told her as we walked in. And as we walked out, with my box of eighty three records still under my...
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