Posted on 12/16/2011 7:46:14 AM PST by navysealdad
NEW YORKThe Securities and Exchange Commission sued several former executives of Fannie Mae and Freddie Mac, including their former chief executives, alleging they misrepresented to investors their exposure to subprime mortgage loans.
(Excerpt) Read more at online.wsj.com ...
Whoa, lol.......
Yep, they are liars and cheaters and get away with it all.
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