Cancel 2018. 3
<-- sched 2, MJ sched 1
SEC charges former execs of Fannie, Freddie
NEW YORK (CNNMoney) -- 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, including chief executive officer Daniel Mudd, chief risk officer Enrico Dallavecchia and executive vice president of single-family mortgage business Thomas Lund.
http://money.cnn.com/2011/12/16/news/companies/fannie_freddie_sec/index.htm?hpt=hp_t3
we will see if they are really innocent victims in the mtg fiasco as some claim....
NEW YORK (CNNMoney) -- 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, including chief executive officer Daniel Mudd, chief risk officer Enrico Dallavecchia and executive vice president of single-family mortgage business Thomas Lund.
http://money.cnn.com/2011/12/16/news/companies/fannie_freddie_sec/index.htm?hpt=hp_t3
we will see if they are really innocent victims in the mtg fiasco as some claim....
