Accounting and Management Problems at Freddie Mac
Description:
This report summarizes the extent of accounting and management problems at Freddie Mac. The report highlights the issues of selecting policies to report constant earnings, and undertaking certain transactions for the sake of creating a facade of reported earnings. Finally, the report discusses the consequences of these problems by stating that many of the Freddie Mac's executives have been replaced, fines were issued, and a lawsuit occurred.
Date:
November 7, 2007
Creator:
Jickling, Mark
Item Type:
Refine your search to only
Report
Partner:
UNT Libraries Government Documents Department