October 6, 2004

Management of Fannie Mae

Witnesses testified before the committee about accounting irregularities at Fannie Mae. Representatives from the mortgage company asserted that the irregularities… read more

Witnesses testified before the committee about accounting irregularities at Fannie Mae. Representatives from the mortgage company asserted that the irregularities are attributable to a good-faith effort to apply “complex and ambiguous” accounting rules. Others have maintained that the irregularities are “a willful misrepresentation.” Witnesses also responded to questions from members of the committee. close

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Joe Baca U.S. Representative [D] California
Spencer Bachus III U.S. Representative [R] Alabama

Richard H. Baker U.S. Representative [R] Louisiana
Ginny Brown-Waite U.S. Representative [R] Florida
Michael N. Castle U.S. Representative [R] Delaware
William Lacy Clay Jr. U.S. Representative [D] Missouri
Wanda DeLeo Chief Accountant Federal Housing Administration->Oversight
Christopher Dickerson Chief Examiner Federal Housing Administration->Oversight
Armando Falcon Director Department of Housing and Urban Development->Office of Fed. Housing Enterprise Oversight
Barney Frank U.S. Representative [D] Massachusetts
Ruben Hinojosa U.S. Representative [D] Texas
Tim Howard Chief Financial Officer Fannie Mae
Jay Inslee U.S. Representative [D] Washington
Paul E. Kanjorski U.S. Representative [D] Pennsylvania
Carolyn McCarthy U.S. Representative [D] New York
Ann McLaughlin Korogolos Presiding Director Fannie Mae->Board of Directors
Gary G. Miller U.S. Representative [R] California
Robert Ney U.S. Representative [R] Ohio
Michael Garver Oxley U.S. Representative [R] Ohio
Franklin D. Raines Chairman and CEO Fannie Mae
Ed Royce U.S. Representative [R] California
David Scott U.S. Representative [D] Georgia
Christopher Shays U.S. Representative [R] Connecticut
Patrick Toomey U.S. Representative [R] Pennsylvania
Maxine Waters U.S. Representative [D] California
Mel Watt U.S. Representative [D] North Carolina

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House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

1,122 Views

Program ID:: 183818-1
Category:: House Committee
Format:: House Committee
Location:: Washington, District of Columbia, United States
First Aired:: Oct 06, 2004 | 11:17pm EDT | C-SPAN 2
Last Aired:: Oct 11, 2004 | 12:13pm EDT | C-SPAN 1

Airing Details

Oct 06, 2004 | 11:17pm EDT | C-SPAN 2
Oct 11, 2004 | 10:04am EDT | C-SPAN 1
Oct 11, 2004 | 12:13pm EDT | C-SPAN 1

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User Created Clips from This Video

October 6, 2004
User Clip: William Lacy Clay: "This hearing is about the political lynching of Franklin Raines"
- 48 seconds
- 21 views
October 6, 2004
User Clip: Armando Falcon 2004
- 2 minutes
- 3 views