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Stephen Ashley ’62 Talks Fannie Mae, Capital Campaign

October 16, 2008 - 11:00pm
By Emily Cohn

With the Board of Trustees convening in Ithaca this weekend for their annual meeting, The Sun sat down with Stephen Ashley ’62, MBA ’64 to discuss his role as co-chair of the $4 billion capital campaign. Ashley is currently the chairman and CEO of The Ashley Group, a collection of real estate, brokerage and investment companies. In September, Ashley resigned as chairman of the mortgage giant Fannie Mae, after the government-sponsored enterprise was placed into conservatorship by the U.S. Treasury.

The Sun: The Capital Campaign has raised an impressive $2.29 billion to date. How would you describe your role with the campaign as co-chair?