Harnessing the Mystery of Capital;

Harnessing the Mystery of Capital; Closing the Wealth Gap: Franklin D. Raines

Former Director of the Office of Management and Budget (OMB) and a member of President Clinton’s cabinet, the now Chairman and CEO of Fannie Mae gave a knockout address at Howard University’s Charter Day program in commemoration of the founding of the University. “Franklin D. Raines is Chairman and Chief Executive Officer of Fannie Mae, a New York Stock Exchange company and the largest non-bank financial services company in the world. Fannie Mae is the nation’s largest source of financing for home mortgages.” (excerpt, Fannie Mae biography) Now that’s an Undercover Brother. The entire address can be found at the Howard University website or at BET.com. It’s a good read but only for the serious-minded. You can read the full Raines biography here. This cat is fully credentialed.

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