Taxpayer-supported mortgage behemoth Freddie Mac — yes, the same government-sponsored entity that is sucking $64 billion of your money to stay afloat — is proud to announce that it is squandering more of your bucks on a “diversity officer:”
Freddie Mac, the government-controlled mortgage buyer, on Monday named Subha V. Barry to head its newly formed office of diversity and inclusion.
As chief diversity officer, Barry will work with the company’s business units to ensure they’re maximizing opportunities in diverse markets. She will also ensure the company is utilizing diverse talent among its employee and suppliers, and developing strategies focused on the needs of a diverse work force.
Barry will also design the new executive diversity council.
Expect more cronyism of color on the public dime.
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