Good for you, not recent, but the implications in today's economy with homes make them very timely to read.
Thanks.
Another difference: the guys at Enron went to jail. The politically connected honchos at Fannie/Freddie will not even have their insanely high pensions reduced.
with very marginal awareness of this, I question why the roles of Clintonoids Raines and Gorelick aren't mentioned.
bttt
Updated FR Excerpt and Link Only or Deny Posting List due to Copyright Complaints
The report itself has plenty of details on Raines, Gorman, and other members of the management team. Copies of the report, and the earlier OFHEO report:
http://download.fanniemae.com/report.pdf
http://www.ofheo.gov/media/pdf/FNMSPECIALEXAM.PDF