And Moffet quit last month...
Freddie Mac Announces Resignation OF CEO David Moffet
“Freddie Mac Announces Resignation OF CEO David Moffet”
but Moffet resigned to become head of the Treasuries Bank bailout operation.
He didn’t resign to “spend more time with his family”.
Given Moffet’s previous jobs as head of FRE portfolio, i’d say he has as good a view as anyone of exactly how much toxic garbage FRE owns.