Herbert Allison Jr.
Headed Fannie Mae, U.S. bank rescue program
Herbert Allison Jr., 69, a former head of the U.S. government's bank rescue program and chief executive of Fannie Mae after it was taken over by the government, died Sunday at his home in
Allison spent much of his career at Merrill Lynch, rising to chief operating officer and president by 1995, and later served as chairman, president and CEO of TIAA-CREF, the investment firm.
Herbert Monroe Allison Jr. was born Aug. 2, 1943, in Pittsburgh. His father was an
Allison graduated with a bachelor's degree in philosophy from
-- Los Angels Times staff and wire reports