Freddie Mac To Name Former E*Trade Chief Donald Layton New CEO: WSJ

Freddie Mac (OTC: FMCC), the nation's second-largest mortgage guarantor, will announce the appointment of Donald Layton, former head of E*Trade Financial Corp. (Nasdaq: EFTC), as its new CEO as early as Thursday, the Wall Street Journal reported. McLean, Va.-based Freddie Mac will replace CEO Charles Haldeman, who announced his resignation in October, after a six-month search.

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freddie mac appoints layton

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