After keeping a low profile during 2005, former Fannie Mae chief executive Franklin D. Raines could also be back in the spotlight in 2006. The two reports on Fannie Mae are likely to explain in more detail the role he played in the accounting scandals. Next year, a federal judge in Washington is expected to decide whether a shareholder lawsuit against Raines and Fannie Mae can go forward, unless the parties settle out of court first.Best of luck on the state of Ohio pension lawsuit.
Wednesday, January 04, 2006
Will Fannie Mae's troubles ease? Will Franklin Raines's get worse?
The Washington Post reports on your local,friendly,neighborhood Enron: