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Tag Archive: OFHEO

Financial Bailout: Fannie Mae announces subpoena


Fannie Mae announced <a href="">today</a> that it's gotten more subpoenas from the SEC and the U.S. Attorney for the Southern District of New York:

<blockquote>On September 26, 2008, Fannie Mae received notice of ongoing federal government investigations and inquiries into Fannie Mae by the United States Attorney for the Southern District of New York and the United States Securities and Exchange Commission ("SEC") regarding certain accounting, disclosure and corporate governance matters. In connection with those investigations and inquiries, Fannie Mae received a Grand Jury subpoena ...

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