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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: marginmike who wrote (168918)5/29/2002 9:32:24 PM
From: Win-Lose-Draw  Read Replies (1) of 436258
 
Here ya go...I've got '04 ITM Puts on this trash...

WASHINGTON, May 29 (Reuters) - The White House on Wednesday called for new rules requiring mortgage finance giants Fannie Mae (NYSE:FNM - News) and Freddie Mac (NYSE:FRE - News) to disclose more financial information to the public.

The White House's Office of Management and Budget asked the firms' financial regulator, the Office of Federal Housing Enterprise Oversight, to draft the rules.The regulations should require Fannie Mae and Freddie Mac to publicly disclose the same information currently required of publicly traded companies by the Securities and Exchange Commission, the administration said.
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