Industry News

Fannie Mae withholds 2004 bonuses

Company's top accounting officer resigns
Published on Jan 24, 2005

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by CareyBot

Fannie Mae, the home loan financing giant beleaguered by major financial misstatements, will withhold last year’s cash bonuses for its top managers, according to a Securities and Exchange Commission report. Fannie Mae also reported that its principal accounting officer, Leanne ...

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