Freddie Mac Finally Delivers 2003 Financials, but Numbers Shed Little Light on 2004 Performance
July 2, 2004
Freddie Mac cleared a major hurdle this week in cleaning up a year-old accounting and financial reporting mess by releasing its 2003 financial results. But the finish line still appears to be a long way off as the government-sponsored enterprise also indicated it could be another year or more until it is able to resume timely quarterly reporting and honor a