Monday, February 27, 2006

Fannie critic highlighted

Roger Barnes, a former manager in Fannie Mae's controller's office, is the subject of an extensive and interesting article in today's Washington Post (required free registration), which finds that his major claims about accounting irregularities at the mortgage giant have been largely substantiated by recent investigations (including the recent Rudman report). The article does, however, report that there remains differing views of how Barnes made his original complaints up the chain of command at Fannie, and how they were handled.
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