Okay. please name one FNMA accounting person that was instructed to cook the books or alter numbers by FHFA. Or one FHFA plant that was imposed into the GSE accounting function to effectuate cooking the books.
I think you may have just entered "The Twilight Zone."
Gretchen Morgenson will probably break the conflict of interest surrounding the accounting. Splitter did an excellent job following the cash flow proving zero funds were needed by FNMA....
As I recall, his findings were reconfirmed.
In accounting, we were all taught. Cash doesn't lie. Follow the cash flow statements. Earnings can be made whatever number you want for a considerable amount of time.
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