Fannie Mae admits to $1.2 Billion accounting error

[DannyMay]

http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031029/ts_nm/financial_fanniemae_dc_5


Geez. $1.2 Billion error. Thats amazing even for a large corporation. That is about 1.5% of what Bush wants for his war.

 

[hanover00]

Fannie Mae and Freddie Mac have been the biggest shorts for some time. Maybe this news will start ringing the cash register.

 

[Horseshoe]

No problem, just send me back less on my returns, or send me none at all and just give the rest to Haliburton for "rebuilding" Iraq..Only in America, Only in America.