Ed Haldeman recently became chief executive officer of Freddie Mac, one of the three government-sponsored enterprise (GSE) charged with the support of the U.S. residential mortgage lending. The company was placed in the custody of the U.S. Treasury Department September 7, 2008. Conservation of places various restrictions on Haldeman and organization in terms of management. Haldeman task is to lead Freddie Mac, to build their own culture, to modernize their activities and generally prepare the organization for emerging from conservatorship. In the background, housing prices continue to deteriorate, and the company continues to lose money. In addition, political views continue to move on the future regulatory framework for shared ownership Freddie Mac, as he comes out of this difficult period. "Hide
by Robert Steven Kaplan, Nitin Nohria, Ben Creo Source: Harvard Business School 26 pages. Publication Date: September 15, 2010. Prod. #: 411048-PDF-ENG