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September 08, 2008

Comments

eric

oh yeah. When Dave A. (the risk officer who challenged Syron back in 2004 over going down the credit curve) was running risk and I was leaving Freddie (after they shut down our MBS dealer where I worked) he asked me if I wanted a pretty cool job in risk. Essentially I was going to be the VP in charge of common sense! I asked, "Why cant I have the SVP of risk job?" And Dave just shook his head and said they had a "name" guy they wanted for that. I knew immediately it was gonna be some guy just like they hired. Phd, a couple of fancy papers and no common sense.

Jeremy

Check out this dude's bio:

http://www.reuters.com/finance/stocks/officerProfile?symbol=FRE.N&officerId=777037

Risk officer of GM....great hire

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