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Fannie Mae: Employees should be ready for holiday work on gov t exit

WIN MCNAMEE/POOL/AFP via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Mortgage giant Fannie Mae is angling to pull off an 11th-hour exit of government conservatorship before Donald Trump leaves the White House. The effort is considered a long shot, but senior leaders at the agency have directed employees to be prepared to work over the holidays if a decision is reached on the matter. Employees were notified last week an announcement regarding the release could come over the holiday season and could include questions that need to be answered quickly.

White houseDistrict of columbiaUnited statesFreddie macRenee schultzHenry coffeyLarry kudlowDonald trumpHenry casonBill ackmanAndrew bon salleJoe bidenA fannie maeMark calabriaDouglas duncanBon salle

Target s Chairman Is Out; What About the Board? | Twin Cities Business

Maybe William Ackman had the right idea after all. Twin Citians have a propensity for defending hometown employers, even if outsiders have better ideas. We tend to paint such strangers as bad guys politically and through clever internal and external PR campaigns that turn employees and reporters against them. And sometimes, they really are bad. Other times, our biggest-small-town-left-in-America naivetÃ© gets the better of us. Take Target Corp. Shareholder activist William Ackman, through his Pershing Square Capital Management hedge fund, bought $2 billion worth of Target’s stock in 2007 because, he said, he did not want it to become known as “a once-great company.” To help avoid such an outcome, he proposed ways for Target to unlock certain assets to increase shareholder value and provide growth capital. He expressed this interest during Target’s leadership transition from chairman and CEO Robert Ulrich to Gregg Steinhafel, who took the helm in May 2008.

United statesWarren staleyGregg steinhafelBill georgeEli lillyMichael korsWilliam ackmanUs cellularWells fargoCoca colaBest buyLululemon athleticaTwin citiansPershing square capital managementGreat recessionWould target

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