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Home (13077 companies) > United States of America (2568 companies) > Financial services (212 companies) >



Freddie Mac


Headquarters location: 8200 Jones Branch Dr. McLean, VA 22102-3110United States of AmericaTel. 703-903-2000 Job offers, investor relations: www.freddiemac.com Stock: FRE


Freddie Mac belongs to

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country     %
source

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Federal Home Loan Mortgage CorpSee the photo of: Federal Home Loan Mortgage CorpEthishop
Freddie MacSee the photo of: Freddie MacEthishop
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« ETHICAL » RATING OF FREDDIE_MAC , group and subsidiaries
[click on the images below or on help for more information]
4
Delinquency: 4 act(s) of financial or trade delinquency
37
Sales: more than 37 billion(s) dollars/euros in annual sales
6
Net profit: more than 6 billion(s) dollars/euros in cumulated net profit since 1998
94
Top management: earns 94 times the median income in the United States (32000 US$/year)

Freddie Mac is managed by

year name
photo position; compensation
source
2005McQuade, Eugene M
See the photo of: McQuade, Eugene M Chief Operating Officer; salary: 2.39 million US$;
2005Syron, Richard F
See the photo of: Syron, Richard F Chief Executive Officer; salary: 3 million US$;
2003Baumann, Martin
See the photo of: Baumann, Martin Chief Financial Officer;
2003O'Malley, Shaun
See the photo of: O'Malley, Shaun Chairman;
2003Parseghian, Gregory
See the photo of: Parseghian, Gregory Chief Executive Officer;

Made by

year
employees
<>
social impact : country
source
2002
3900

Influence

year
purpose : intermediary/lobby : institution
source
2006Freddie Mac has agreed to pay a record $3.8 million fine to settle allegations it made illegal campaign contributions. Freddie Mac was accused of illegally using corporate resources between 2000 and 2003 for 85 fundraisers that collected about $1.7 million for federal candidates. Much of the fundraising benefited members of the House Financial Services Committee, a panel whose decisions can affect Freddie Mac. : translateAP

Financials

yearfinancial misdemeanorsalesincome buybacksource
2005   2billion US$
2004 Pour avoir masqué 45 miliards de dollars a dû verser une amende de 125 milions dollars     Les Echos
2004 Restates earnings for 2000-2002 by $5 billion     Bloomberg
2002 «Dead peasant insurance»: secretly bought life insurance on employees with the company as beneficiary for investment and tax purposes: tax-free investment income, tax deductions on interest paid on loans against the policy, tax free death benefits.     Washington.
2002 Restates earnings for 2000-2002; documents related to a restatement of financial results; fired President David Glenn, and Chief Executive Officer Leland Brendsel and Chief Financial Officer Vaughn Clarke resigned.     Bloomberg
2002   36.775.76   billion US$

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Further investigation
Freddie Mac Loses $2B, Seeks New Capital   from AP November 20, 2007 - Tuesday 20 November 2007 at 18h44
Freddie Mac, the nation's No. 2 buyer and guarantor of home loans, lost $2 billion in the third quarter and said Tuesday it must raise fresh capital to meet regulatory requirements. Its shares fell nearly 30 percent. [+]
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