Investigation of Fannie Mae
2004-12-14T20:00:07-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJkZWZhdWx0c1wvQ2FwaXRvbF9kZWZhdWx0LWltYWdlLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Financial reporters talked about Fannie Mae as the target of ongoing investigations by Congress, the Justice Department, the Securities and Exchange Commission, and its regulator, the Office of Federal Housing Enterprise Oversight.
In late September OFHEO released a report critical of accounting and management practices at Fannie Mae, and that report was the subject of a hearing on October 6, 2004 by the House Financial Services Subcommittee on Government-Sponsored Enterprises. Portions from that hearing will be aired, including testimony by Franklin Raines, Fannie Mae’s Chairman and CEO and Armando Falcon, OFHEO director. In between these segments, financial reporters who have been covering these investigations will answer questions from viewers.
Representative Richard Baker and Barney Frank talked by telephone about the investigation.
In late September OFHEO released a report critical of accounting and management practices at Fannie Mae, and that report was the subject of a hearing on October 6, 2004 by the House Financial Services Subcommittee on Government-Sponsored Enterprises. Portions from that hearing will be aired, including testimony by Franklin Raines, Fannie Mae’s Chairman and CEO and Armando Falcon, OFHEO director. In between these segments, financial reporters who have been covering these investigations will answer questions from viewers.
Representative Richard Baker and Barney Frank talked by telephone about the investigation.
Financial reporters talked about Fannie Mae as the target of ongoing investigations by Congress, the Justice Department, the Securities and… read more
Financial reporters talked about Fannie Mae as the target of ongoing investigations by Congress, the Justice Department, the Securities and Exchange Commission, and its regulator, the Office of Federal Housing Enterprise Oversight.
In late September OFHEO released a report critical of accounting and management practices at Fannie Mae, and that report was the subject of a hearing on October 6, 2004 by the House Financial Services Subcommittee on Government-Sponsored Enterprises. Portions from that hearing will be aired, including testimony by Franklin Raines, Fannie Mae’s Chairman and CEO and Armando Falcon, OFHEO director. In between these segments, financial reporters who have been covering these investigations will answer questions from viewers.
Representative Richard Baker and Barney Frank talked by telephone about the investigation. close
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