housing top?

Discussion in 'Economics' started by nkhoi, Jun 23, 2003.

  1. nkhoi

    nkhoi Moderator

    Now some money managers and independent accounting experts are raising questions about the profits reported by Fannie Mae, Freddie Mac's even larger corporate cousin. Fannie Mae appears to have suffered a big loss last year that was obscured by the complexity of its accounting, they say. Fannie Mae strongly disputes their analysis.

    http://www.nytimes.com/2003/06/23/business/23HOME.html

    free registration to read