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Fannie Mae Documents Cast Doubt On U.S. Acts.

Authors :
MORGENSON, GRETCHEN
Source :
New York Times. 4/13/2016, Vol. 165 Issue 57201, pB1-B5. 2p.
Publication Year :
2016

Abstract

The article discusses a shareholder lawsuit that was filed in the wake of the U.S. government's decision to change the terms of a 2008 bailout agreement involving the Fannie Mae and Freddie Mac mortgage finance companies, and it mentions how the deposition of former chief financial officer Susan McFarland reveals that Fannie Mae had achieved sustainable profitability as of 2012. The U.S. Justice Department's claims about the finances of Fannie Mae and Freddie Mac are assessed.

Details

Language :
English
ISSN :
03624331
Volume :
165
Issue :
57201
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
114498032