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Non-Tech : Fannie Mae Forum

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From: Green Receipt8/20/2005 11:27:22 PM
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Anyone here about the latest financial scandal fnma is suffering.

finance.yahoo.com

yahoo.businessweek.com

yahoo.reuters.com

UPDATE 2-FHLB-Indianapolis to restate 4 years of earnings
Fri Aug 19, 2005 01:03 PM ET
(Adds analyst, office of finance quotes, background, byline)
By Richard Leong

NEW YORK, Aug 19 (Reuters) - The Federal Home Loan Bank of Indianapolis plans to restate all earnings reports since 2001 due to accounting errors on derivatives, a move which would cut its earnings by $35 million for this period.
... rest of article:
yahoo.reuters.com
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