Topic: John Koskinen

Veteran of 1995 shutdown says don't repeat

WASHINGTON (Reuters) - The official who carried out the last government shutdown has a warning for squabbling lawmakers -- another one now could be disastrous for the economy.John Koskinen, who organized federal operations during two government shutdowns in 1995, said failure by Republican ...
Last week, I featured the recent Census Bureau report showing that state and local tax revenues increased by 5.21% in the third quarter this year...

Freddie Mac swings to profit, after steep losses

US mortgage finance giant Freddie Mac announced Friday it swung to a profit of 768 million dollars in the second quarter, after a 9.9 billion dollar loss in the previous quarter.Interim chief executive John Koskinen said the positive financial result ...
The head of mortgage finance company Freddie Mac said on Friday that U.S. home loan rates are near their bottom and any further decreases will be small. John Koskinen, the interim chief executive of Freddie Mac (nyse: FRE - news - people ), spoke ...
Freddie Mac seeks $30.8 billion in government aid after posting $23.9 billion 4th-quarter lossFreddie Mac, facing mounting damage from the U.S. housing crisis, said Wednesday it will ask the government for nearly $31 billion in additional aid after posting ...

Unsteady Freddie

Freddie Mac is ready to help revive the troubled U.S. housing market, but first it needs to get its own financial house in order. Freddie and its government-sponsored sibling Fannie Mae (nyse: Freddie said the financial toll incurred by its role ...
Freddie Mac names John Koskinen interim CEO, Robert Glauber interim non-exec chairmanFreddie Mac on Wednesday named an interim replacement for its chief executive, who is stepping down after six months on the job.John Koskinen, a corporate restructuring expert who spent two ...

Freddie Mac board names interim CEO, chairman

Freddie Mac, the ailing US mortgage finance giant seized by the government, on Wednesday named an interim chief executive after the current CEO resigned in early March.Freddie Mac's board of directors named John Koskinen, the current non-executive chairman, to succeed ...

Wall Street Rally Has Small Legs

Tuesday's rally proved sustainable for another day, or at least through Wednesday's market open.. Investors should not get too comfortable, though, as the temptation to cash in on Tuesday's rally may be too enticing in a down market, even ...