Wall Street reacted negatively this week to news that Fannie Mae’s restatement will take longer than expected and will drain a prodigious amount of resources from the giant government-sponsored enterprise. Fannie’s stock price slid 5.3 percent after the company announced Aug. 10 that it will not be able to publish an audited restatement for the past three years until the second half of 2006. This puts the firm behind the pace set by Freddie Mac,…