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Judge Unfreezes Ex-CEOs $50 Million

Judge Richard Leon ruled that the Office of Federal Housing Enterprise Oversight was "simply overreaching" in its assertion that it had the right to freeze more than $50 million.

> > A federal court ruling in Washington may prove to be a windfall for former Freddie Mac chief executive officer Leland Brendsel, who led the federal mortgage packager for 18 years before leaving the company in June 2003.
Source: CFO


Published:2004-09-08
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Former executive still has a whistleblower case pending before the Labor Department.

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