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The Fannie Mae Gang
Jul 23, 2008
By PAUL GIGOT - July 23, 2008 (The Wall Street Journal)
Washington, Jul 23, 2008 - Angelo Mozilo was in one of his Napoleonic moods. It was October 2003, and the CEO of Countrywide Financial was berating me for The Wall Street Journal's editorials raising doubts about the accounting of Fannie Mae…. In the wake of Freddie's implosion, Republican Rep. Cliff Stearns of Florida held one hearing on its accounting practices and scheduled more in early 2004.
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