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2 unusual facts about Richard Kovacevich


Kovacevich

Richard Kovacevich - (born October 30, 1943) retired chairman of the board of directors and previous CEO of Wells Fargo & Company

Richard Kovacevich

Kovacevich believes that Federal Deposit Insurance Corporation insurance should be privatized, and that Fannie Mae and Freddie Mac should have no government backing in the event of a failure (quite the opposite of the course actually pursued by the United States Congress and the White House when the two lenders became insolvent in September 2008).



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