Fannie Mae Executives Step Down
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The turnover at Fannie Mae continued as three more executives who shared responsibility for the mortgage-funding company's accounting stepped down late last week.
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The chief executive and chief financial officer of US mortgage finance giant Fannie Mae (FNM.N: Quote, Profile, Research) stepped down late on Tuesday after
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Fannie Mae&#39;s board of directors may have found it hard to get rid of the company&#39;s top two executives, but a difficult job remains in navigating the transition to the next senior management team.
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The Securities and Exchange Commission announced Thursday that a top staffer overseeing the &#36;7.6 trillion mutual-fund industry will step down for a private-sector position.
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Several senior executives at AOL have resigned since the hiring of a new chief executive at the Internet company owned by Time Warner.
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A burgeoning scandal at America&#39;s second-largest financial institution that threatens to undermine the US housing market has seen two top executives forced out.
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Fannie Mae's FNM.N regulator is  investigating the severance payments and bonuses of two top  executives who stepped down earlier this week, the Wall Street  Journal reported on Thursday.
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Executives urged to quit over risks that took lender to the brink of collapse.
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NEW YORK: Three senior Citigroup executives are leaving the company, after being found partially responsible for last monthâs forced closure of Citigroupâs private bank in Japan, a person familiar with the matter said.
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After a big drop in subscribers and planned layoffs, Sprint Nextel's top financial, marketing, and sales executives are leaving the company.
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The ousted Fannie Mae (FNM:NYSE - news - research) CEO began his self-defense as soon as he stepped down from the company Tuesday evening, with a statement reiterating his view that, under him, Fannie had &quot;always made good faith efforts to get its
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The chief executive and chief  financial officer of U.S. mortgage finance giant Fannie Mae  stepped down late on Tuesday after regulators exposed  accounting errors that are expected to force a massive earnings  restatement.
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SYDNEY: The top two executives of James Hardie Industries NV stepped down today, a week after a government inquiry found the company broke the law and lied to thousands of asbestos victims and financial markets.
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AFTER hemming and hawing and bobbing and weaving, the board of directors of Fannie Mae finally jettisoned Franklin D. Raines, the mortgage finance giant&#39;s former chief executive, and Timothy Howard, its former chief financial officer, last week.
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Fannie Mae executives and their regulator squared off on Wednesday, with executives denying any accounting irregularity and the regulator saying the housing finance company's management may need to go.
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Fannie Mae&#39;s regulator has not approved the financial terms of the exits of two top executives and the men won&#39;t get that money until investigations of the company&#39;s finances are completed
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Fannie Mae executives and their  regulator squared off on Wednesday, with executives denying any  accounting irregularity and the regulator saying the housing  finance company's management may need to go.