To: All
I doubt the restatement is 'unfinsihed'. I'm guessing it's probably complete, but because of Freddie's exposure to Euro/Dollar interest rate swaps, which have been volatile of late, I suspect they keep recomputing the restatement to reflect changes in their hedges?
If they can't quantify their results, how do they manage their operations?
5 posted on
10/19/2003 3:02:28 PM PDT by
Starwind
(The Gospel of Jesus Christ is the only true good news)
To: Starwind
Maybe if they keep pushing the report out into the future, it will finally be seen as 'old news.' Or even just forgotten.
6 posted on
10/19/2003 3:09:37 PM PDT by
sourcery
(Moderator bites can be very nasty!)
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