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To: Pogeu Mahone who wrote (257161)8/22/2003 7:41:28 AM
From: Pogeu Mahone  Respond to of 436258
 
FREDDIE MAC (nyse: FRE - news - people)

Freddie Mac is on the verge of relieving Greg Parseghian of his duties as chief executive, under pressure from the mortgage company's regulator over its accounting problems, the Wall Street Journal reported on Friday. The executive could remain with Freddie Mac in a senior position. At least one other senior executive, General Counsel Maud Mater, is likely to leave the company, the paper said. Freddie Mac shares ended at $50.77.