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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: patron_anejo_por_favor who wrote (56498)3/22/2006 1:04:13 PM
From: ild  Read Replies (1) of 110194
 
A Fox-Pitt, Kelton research note said it's "hard to interpret the resignation of Freddie Mac's CFO as a neutral or positive event." Saying the timing could not be worse, the research noted said the resignation comes on the heels of the company missing its March 31, 2006, goal for filing GAAP compliant financials with its regulator, the Office of Federal Housing Enterprise Oversight. "In addition, it seems like a hasty decision as no successor is in place and the company will start the search today," the research note said.

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