Rasputin_Vol
"Slava Ukraina"
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SEC sues former top execs at Fannie, Freddie - Yahoo! News
Uhh uhh uhh... too bad for Newt. Looks like this is going to be an issue for a while.
Uhh uhh uhh... too bad for Newt. Looks like this is going to be an issue for a while.
The SEC said both firms have agreed to cooperate with the agency and have agreed to admit responsibility for the alleged conduct, without agreeing or denying that they are liable. The firms have also entered into non-prosecution agreements with the agency, the SEC said.
Freddie Mac and Fannie Mae have been propped up by $169 billion in federal aid since they were rescued by the government in 2008.