The Jury Talks Back

4/30/2009

And there’s the money shot.

Filed under: Uncategorized — Scott Jacobs @ 8:17 pm

I suspect we might find there was more than a bit of dirty business at Freddie than we originally thought.

Yup.

Totally saw this coming.

Federal investigators looking into possible accounting violations at Freddie Mac are raising questions about whether the giant government-backed mortgage company improperly delayed the recognition of billions of dollars of losses, according to people familiar with the matter.


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