With Freddie Mac (NYSE: FRE) shareholders all but wiped out by a government takeover resulting from mismanagement, sloppy practices, and overall incompetence, it's interesting to see what information is on the Facebook group for "Freddie Mac College Hires." Here's the description:That's right: roommates and happy hours. But here's my question: who needs happy hours when you work at one of the great corporate/quasi-governmental screw-ups of all time? Hasn't the past decade or so at Freddie Mac been one big drunken orgy of accounting irregularities, crappy loans, and ripping off shareholders?
A quick note to social networking fans: even if your life does revolve around finding happy hours, it's best to leave that stuff off your Facebook page where prospective employers can find it.
And if you're in the mood to read the sad reminiscing of past employees, here's the Facebook page for Lehman Bros.











Reader Comments (Page 1 of 1)
11-12-2008 @ 11:37PM
scott said...
Seriously? You realize that most people under 28 need roommates for financial reasons and that everyone in business realizes the importance of networking. Happy hours (of all sorts: alumni, club sports, afterhour museum receptions, etc) are a pretty easy way to get to know your colleagues and meet new people in the area you just moved to. I'm doubting these people are skipping work at 11am to happy hour till 5 every Wednesday.