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» Executive Says Policies and Practices That Damaged Freddie Mac Have Not Occurred at Fannie Mae
Executive Says Policies and Practices That Damaged Freddie Mac Have Not Occurred at Fannie Mae
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Fannie Mae Chairman and CEO Franklin Raines this week affirmed that his company made no effort to smooth earnings reports and that its internal controls would prohibit the company from making the kind of accounting errors uncovered at Freddie Mac.