04-22-2009, 03:42 PM
Can I call bullshit on this statement.
The Securities and Exchange Commission and the Justice Department have been questioning executives about Freddieââ¬â¢s accounting practices, according to company filings. McLean, Virginia-based Freddie and Washington-based Fannie Mae, the mortgage-finance companies seized last year by U.S. regulators, reported in September that they were under investigation.
ââ¬ÅFreddie Mac knows of no connection between this terrible personal tragedy and the ongoing regulatory inquiries discussed in our SEC filings,ââ¬Â said Doug Duvall, a company spokesman.
The Securities and Exchange Commission and the Justice Department have been questioning executives about Freddieââ¬â¢s accounting practices, according to company filings. McLean, Virginia-based Freddie and Washington-based Fannie Mae, the mortgage-finance companies seized last year by U.S. regulators, reported in September that they were under investigation.
ââ¬ÅFreddie Mac knows of no connection between this terrible personal tragedy and the ongoing regulatory inquiries discussed in our SEC filings,ââ¬Â said Doug Duvall, a company spokesman.
