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To: Lucretius who wrote (164898)	5/9/2002 5:17:24 PM
From: yard_man	Read Replies (3) \| Respond to of 436258

debt rules ... and / or makes the rules: FNM and FRE will keep their exemptions from securities registration laws ... >>In the wake of the accounting scandals following the bankruptcy of energy-trader of Enron Corp.(Other OTC:ENRNQ.PK - news), and other firms, congressional and industry critics pointed to Fannie Mae's and Freddie Mac's securities registration exemptions as another place where financial problems could be hidden and called for more disclosure. Because the firms are so large -- they hold or have financed $2.7 trillion of the $6.2 trillion in U.S. mortgage debt outstanding -- any difficulty they experienced could have broad reverberations across the economy, those critics said. <<