Posts by Ross J. Kari
Ross J. Kari was named executive vice president and chief financial officer of Freddie Mac in September 2009. In this position, he is responsible for the company's financial controls, accounting, investor relations, financial planning and reporting, tax, capital oversight, and compliance with the requirements of Sarbanes-Oxley. Kari is a member of the company's senior operating committee and reports directly to Chief Executive Officer Don Layton.
The True Value of Freddie Mac
There’s been a lot of talk in recent months about the payment of billions of dollars to the Treasury by Freddie Mac and Fannie Mae (the GSEs). That’s understandable. Freddie Mac's seven straight profitable quarters show a remarkable reversal of fortune. And this reversal is one key reason people are wondering when the GSEs might go “net positive” with the taxpayers.
