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Ed DeMarco A Marked Man

The New York Times  |  By Posted: 03/25/2012 11:02 am Updated: 03/25/2012 11:02 am

Ed Demarco

The New York Times:

ED DeMARCO is a marked man.

The acting director of the Federal Housing Finance Agency and overseer of Fannie Mae and Freddie Mac, Mr. DeMarco is a soft-spoken, career public servant — and under fire. In the thankless job of conservator for the loss-ridden mortgage finance giants, he has a duty to ensure that the companies operate in the best interests of the taxpayers who own them. That means working to keep a lid on the companies’ losses, which now total $183 billion.

Read the whole story at The New York Times

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Filed by Maxwell Strachan  |