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Freddie Mac, a $32.6 billion government sponsored mortgage finance company based in McLean, Va., hired Timothy Bitsberger as treasurer and senior vice president for funding and investor relations. He succeeds Jerome Lienhard, who left to join MBNA Corp. Bitsberger, 46, most recently was assistant secretary for financial markets at the U.S. Treasury and earlier was deputy assistant secretary for federal finance. Bitsberger spent more than 15 years on Wall Street, where his last position was senior vice president of investments at Salomon Smith Barney.

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