Tuesday, December 09, 2008

Fannie, Freddie execs were warned of problems: report

Documents show that top executives at Fannie Mae and Freddie Mac were warned years ago that the firms were offering mortgages that could pose a long-term danger to the companies, borrowers and the industry, The Washington Post reported on Tuesday.

read more | digg story

No comments:

4-15-2024

FIRST-EVER DIRECT ATTACK... 185 drones, 36 cruise missiles, 110 surface-to-surface missiles... '99% intercepted'... US, UK jets blas...