Friday, December 16, 2011

F&F Miscreants Charged

SEC charges ex-Fannie and Freddie chiefs - FT.com

Six former top executives at Fannie Mae and Freddie Mac have been charged with securities fraud in a civil case brought by the US Securities and Exchange Commission for allegedly misleading investors, becoming some of the most senior financial executives yet to be accused of wrongdoing in the financial crisis...

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