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Home » Store » Taxable » Ohio Attorney General Turns Sights on Fannie Mae

Ohio Attorney General Turns Sights on Fannie Mae

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The Attorney General for the State of Ohio filed a class-action lawsuit against Fannie Mae last week that accuses executives of cooking the books in order to obtain bigger bonuses. Jim Petro lodged the complaint against Fannie on behalf of state employees’ pension funds and GSE shareholders in general. The Ohio official filed a similar complaint against Freddie Mac in August of 2003. Members of the Ohio pension fund are now the lead plaintiff in…
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