The Fannie/ Freddie time bomb: what happens to these giants when interest rates rise? Paul Sarbanes: call your office!

The International Economy | September 22, 2002| | Copyright

Ever since the Enron collapse came to light, Fannie Mae and Freddie Mac have encountered renewed pressure to disclose more about their operations so that government officials, analysts and investors will be able to develop a better sense of the risks presented to taxpayers. One of the most successful efforts to increase disclosure has been a proposal to require Fannie and Freddie to register their securities with the Securities and Exchange Commission. Among the privileges these government-chartered companies enjoy is a statutory exemption from the requirement that their ...

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