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Home » Store » Taxable » Brendsel, Clarke Prosecution Unlikely, CRS Suggests

Brendsel, Clarke Prosecution Unlikely, CRS Suggests

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It looks like there will be no federal prosecutions of former Freddie Mac Chief Executive Officer Leland Brendsel and former Chief Financial Officer Vaughn Clarke. A recently released report by the Congressional Research Service into the accounting and management problems at the giant GSE suggests the odds are slim that the efforts begun this past September by federal prosecutors to pursue the pair will produce any successful criminal prosecutions. …
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