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A look at the 'Freddie Mac College Hires' Facebook group

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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:

This group is for Freddie Mac college hires. Get to know who you'll be working with - and if needed, figure out roommates, happy hours, etc.

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.

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Last updated: November 12, 2009: 05:04 PM

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