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Corporate & Securities Law
: Business Law Prof BlogFreddic Mac: What a Mess
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Freddie Mac, one of two United States chartered companies that own or guarantee the bulk of home mortgages, recorded a net loss for the quarter that was reduced by accounting gimmickry. The true loss is close to $2 billion. Freddie...Full post as published by Business Law Prof Blog on May 15, 2008 (boomark / email).
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