Bruce Witherell Named Freddie Mac COO

On Tuesday, Freddie Mac announced that the company will have a new COO as of September 14th. Bruce M. Witherell will be the new COO and will report to Charles E. Haldeman, Jr. — the CEO of Freddie Mac.
When you think of Freddie Mac, you probably think of federal bailout money. The mortgage company has received billions upon billions of dollars in bailout capital from the feds. Many experts believe that it may never be possible for Freddie Mac to pay back the government.
With that type of pressure, Witherell won’t have an easy job. However, Haldeman thinks he is up …read more