Maureen Nevin

Freddie & Fannie Redundant? Ineffectual? Biased?

What did Maureen in CGFR try to tell you about Freddie & Fannie back in 2003?
Try the competing interests of bond versus shareholders.
Bonus story: Freddie Mac Reveals Chasms in Corporate Governance Ratings
What did the ratings agencies say in 2003?
S&P assigned a 9.0 rating to Fannie Mae -- a AAA rating!
Governance Metrics International (GMI) rating on Fannie & Freddie

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