We need to watch Fannie Mae and Freddie Mac
Due the resent scrutiny in accounting scandals at both Fannie Mae and Freddie Mac the government is looking at ways to step in. Greenspan suggests that simply creating a strong regulator would not suffice. Fannie Mae and Freddie Mac control a large majority of our nation’s home loans, and as I see it the need to watch over and protect against accounting malpractice would be very beneficial to our nation but how?
Posted by Eric at 4/06/2005 01:26:00 PM