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Home » Store » News » Fannie Warns Analysts that It Faces A Long, Costly Road to Restatement

Fannie Warns Analysts that It Faces A Long, Costly Road to Restatement

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The good news this week was that Fannie Mae was able to provide analysts with a timeframe for restating its financial results for the past four years. The bad news is that this process is going to take much longer than Wall Street had expected and could cost the company more than a billion dollars to complete. …
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