Wells Fargo Hires Key Aid As Sen Warner Calls For "Reform" At Fannie Mae / Freddie Mac

HFA Padded
Mark Melin
Published on
Updated on

In what might be argued is a rare moment when an issue involving the banks is being openly debated to a near even point and not being decided behind the scenes. Watching the Fannie Mae / Freddie Mac debate from the point of the Goliath of U.S. mortgage lenders, Wells Fargo, shows how hiring a key Senate staffer might provide insight into calls of “reform” coming out of Congress. “Reform” is a word that can send terror into the hearts and minds of bankers, which is perhaps behind a recent Wells Fargo hiring decision. What to watch is how public…

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.