Exclusive: Freddie Mac hires McKinsey to review capital as government overhaul begins
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WASHINGTON (Reuters) - Housing finance giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday."After a competitive ... process, Freddie Mac retained McKinsey to conduct a gap assessment of our capital management capabilities and develop a roadmap to address any issues. This four-month engagement will begin in December," said a Freddie Mac spokesman in a statement..