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Fedblog
Not Public Servants
The Wall Street Journal reported this morning that several top officials are leaving Fannie Mae and Freddie Mac after the government takeover of the mortgage companies.
No surprise there. But what was breathtaking, given all of the events of this week, was the quote from an unnamed executive at one of the institutions: "We didn't sign up to be public servants."
You got that right. The public servants are the ones we're counting on to to get us out of this mess.
Tom Shoop is vice president and editor in chief at Government Executive Media Group, where he oversees both print and online editorial operations. He started as associate editor of Government Executive magazine in 1989; launched the company’s flagship website, GovExec.com, in 1996; and was named editor in chief in 2007.
