Word: chief
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...sudden death - an apparent suicide - of Freddie Mac's acting chief financial officer David Kellermann is the latest shock to ripple through the federally backed housing agency. Since essentially being taken over by the government in September, it has been one hit after another for Freddie Mac - a private company that, with sister-agency Fannie Mae, holds or guarantees more than half of all U.S. residential mortgages and finances some 70% of new-home loans, and which the Obama Administration counts on as a cornerstone in its plans to revive the housing market...
...Never mind all that Congress and the President have asked of the agencies. Or the fact that morale at the agencies is horrible and plenty of their most-talented workers - i.e., those that can easily get hired elsewhere - are leaving. Freddie Mac doesn't have a permanent chief executive, chief operating officer, or chief financial officer. Many slots for other top positions are likewise vacant - as they are at Fannie Mae. Lockhart recently said of the agencies that "everybody is stretched very thin." That is only one of the problems...
...goes to a game at Fenway should know some basic Sox history. Founded in 1901, the Boston Red Sox enjoyed several World Series Titles during their early years. After an 86-year dry period under The Curse of the Bambino—brought on by selling Babe Ruth to chief rivals, the New York Yankees—the Sox finally found victory with World Series Championship wins in 2004 and 2007. Fenway Park, the home field, is known for the Green Monster, the highest left field wall in Major League Baseball. The season is pretty much sold...
According to Claire B. Spinner, the chief financial officer for Cambridge Public Schools, the application forms for these grants which the district must fill out to receive the funding have not yet been released. She added that the spending and reporting regulations will be very stringent, and that the money can only be used for specific purposes...
...partisan witch hunt. "I do worry about this getting so politicized that we cannot function effectively, and it hampers our ability to carry out critical national-security operations," he said. But at that point it was too late. By not entirely ruling out the authors' prosecution - as his chief of staff, Rahm Emanuel, had appeared to do over the weekend - the President had effectively unleashed the hounds...