Looksmart Limited (LKST)

[andy20020]

Freddie Mac Board Told to Remove CEO
Regulators Cite Parseghian's Role in Improper Accounting; Directors' Response Is Unclear
By Kathleen Day
Washington Post Staff Writer
Friday, August 22, 2003; Page E01


Federal regulators have told Freddie Mac's board of directors it must replace Gregory J. Parseghian as the company's chief executive because of his involvement in improper accounting practices at the mortgage

Those here who understand what this means are forewarned, blind longs - tired of talking to bricks ... sorry.
Regards