SEC Charges Former Execs Of Fannie, Freddie

Source: Aaron Smith / CNN Money NEW YORK – The Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac with securities fraud on Friday for misrepresenting their holdings of high-risk mortgage loans. The SEC is targeting three former executives of Freddie Mac (FMCC,Fortune 500), including chief executive officer Daniel Mudd, chief [...]

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Published on December 16, 2011 09:36
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Roland S. Martin's Blog

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