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While attending an executive training conference a few years ago, Robert Bostrom studied the case of Freddie Mac, the troubled mortgage financing company that had endured a multibillion-dollar accounting scandal. Bostrom didn’t know it then, but he would soon be helping the company address its mistakes and deal with its critics on Capitol Hill. In February, Bostrom, 53, became Freddie Mac’s new executive vice president and general counsel. His predecessor, Joan Donoghue, left Freddie Mac last August. Bostrom started his career in 1980 as a staff attorney at the Federal Reserve Bank in New York. After stints at different firms in the 1980s, including Sidley Austin Brown & Wood, he landed as a partner at Winston & Strawn in 1990. There he headed up the firm’s financial institutions practice. In 1997 he became managing partner of the firm’s New York office, where he oversaw 250 attorneys. At Freddie Mac, Bostrom directs a legal department of 90 lawyers. Recruiting firm Heidrick & Struggles first alerted him to the opening at Freddie Mac. The job piqued his interest because of the multifaceted challenges of a GC, dealing with corporate governance, litigation, and enforcement action. The job, Bostrom says, is a “lawyer’s dream.” This year could prove transformative for the McLean, Virginia � based company. Last October the House of Representatives overwhelmingly approved legislation that would establish a new regulator for the company. The legislation now awaits action by the full Senate. Bostrom says he won’t miss private practice, but instead is looking forward to being able to concentrate full-time on helping Freddie Mac, a company whose unusual charter helped draw him to the job. “It’s a very exciting opportunity to be working for a commercial enterprise that also has a significant public mission to make sure that more Americans have homes,” he says. “It’s a viable commercial enterprise, and it does something good for the world.”

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