Relevant:
- Fannie Mae, Freddie Mac spent $100 million on former executives' legal bills
- A weak economy trampled by battling giants
- Documents of House committee show Fannie, Freddie ignored warnings
- Ex-Officer Faults Mortgage Giants for ‘Orgy’ of Nonprime Loans
- Fannie Mae, Freddie Mac executives get big housing bonuses
2011-12-16 — latimes.com
``Six former top executives of housing finance giants Fannie Mae and Freddie Mac were accused of securities fraud Friday by federal regulators for allegedly misleading investors about the size of the companies' risky subprime mortgage holdings.''
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Comments:
pkskypilot at 14:54 2011-12-17 said:
Bout time they accuse somebody---How about they appoint Bill Black to the head of the SEC and go after the real crooks who are running amuck with questionable derivatives... PermalinkMorrisonsfweb at 05:36 2011-12-22 said:
Great info and admirable links, i really appreciate your post keep up the good work.Awesome share indeed. I’ve been awaiting for this update. Permalinkadd a comment | go to forum thread
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