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DumbDumberDumbest

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DumbDumberDumbest

Re: None

Wednesday, 01/31/2018 12:16:15 AM

Wednesday, January 31, 2018 12:16:15 AM

Post# of 797264
T.Howard former FNMA CFO accused of accounting manipulation "so that senior executives could collect millions in bonuses from 1988 to 2004" http://www.washingtonpost.com/wp-dyn/content/article/2006/05/24/AR2006052400631_pf.html
I bet his role was to make FNMA have difficulties in accessing the bond and capital markets with the objective to issue Preferred Stocks to the Community Banks and their Hedge-Funds.
The goal was the takeover of FnF in a Conservatorship with a swap P for C.
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