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Article: Franklin reigns.(Franklin Raines will become CEO of Fannie Mae)(Corporate Profile)
- Article from:
- Black Enterprise
- Article date:
- August 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Franklin Raines returns to Fannie Mae as the first black CEO of a Fortune 500 corporation
Raines, Clinton's budget director, is leaving the White House for corporate America's major league
THE SPRING OF 1969 WAS A combustible time. Vietnam was raging half a world away. And on college campuses across the United States, demonstrations protesting police actions were becoming commonplace. One protest on the campus of Harvard University met with particular resistance. After a group of students took over the university's administration building, police from the city of Cambridge swarmed across the campus.
It would have been easy for a slender, ...