Shocking CEO downfalls

Published On: Mar 01 2013 12:16:03 PM CST   Updated On: Jun 19 2014 07:45:12 AM CDT

American Apparel's controversial founder and CEO is the latest to make a shocking departure.

CEO Downfalls - Fannie Freddie
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Richard Syron (far left) and Daniel Mudd (second from left) (Freddie Mac and Fannie Mae) -- As CEOs of the government's mortgage giants, Syron and Mudd were sued and became the highest-profile individuals to be charged in the 2008 financial crisis. They were accused of understating the level of high-risk subprime mortgages just before the housing bubble burst. Both were fired in 2008. Also pictured are former Freddie Mac CEO Leland Brendsel (second from right) and former Fannie Mae CEO Franklin Raines (right).

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