Update 10: Report: Fannie Mae Manipulated Accounting - Forbes.com: --Good News? Chilling, anyway.
"Federal regulators issued a blistering report about mortgage giant Fannie Mae on Tuesday, alleging accounting manipulation aimed at lining executives' pockets and lying to investors about smooth growth in profits and earnings. The government-sponsored mortgage company was fined $400 million and agreed to limit its growth. "
Spring Arrived Today
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