Friday, November 16, 2007

Fannie Flunks Again

16.11.07
Fannie Mae (NYSE: FNM) has been brutalized this week, and for good reason. An incisive article in Fortune explains the suspicious nature of a recent accounting change at the government-sponsored mortgage-trader.
http://www.fool.com/investing/general/2007/11/16/fannie-flunks-again.aspx

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