The troubled mortgage lender which had to be bailed out by the American
government earlier this year has taken on David Johnson as its chief financial
Johnson will be the third CFO at Fannie Mae in the space of a year. He joins
from Hartford Financial Services, the providers of personal insurance and
Prior to Hartford he was CFO at business and consumer services provider
Within months of Johnson joining Cendant, the company was embroiled in a
financial scandal. It had merged with CUC International and according to
Johnson, CUC had ‘turned out to be run by criminals.’
Johnson was also CFO at Hartford when it was involved in a major scandal in
2006 which last year saw the attorney general announce that Hartford had agreed
to pay $115m to settle claims made by Connecticut, Illinois and New York – that
it faked bids and allowed illegal trading in certain mutual funds.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements