Rank: 25 (Previous rank: 20)
CEO: Charles E. Haldeman Jr.
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Freddie Mac has seen far better years. The mortgage giant -- which was taken over by the federal government in September 2008 as the U.S. housing market collapsed -- posted a $5.3 billion loss in net income for 2011, marking five straight years of losses.
Freddie Mac came under fire in January 2012 amid revelations that its investing arm had been placing bets in which it would benefit if homeowners stuck with their very high-interest mortgages while other parts of Freddie worked to prevent such homeowners to modify precisely these types of mortgages.
The organization also says it's struggling with turnover issues. Freddie Mac CEO Charles Haldeman announced plans to step down from his post in 2012. A search for a replacement, who will be Freddie's third CEO since the 2008 federal takeover, is underway.
Industry: Diversified Financials