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Essay

The Fannie Scandal

Essay specific features

 

Issue:

Business

 

Written by:

Anthony W

 

Date added:

May 14, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 593

 

Was viewed:

6947 times

 

Rating of current essay:

 
Essay content:

Though it remains very familiar in the minds of the American people, Fannie Mae had also lead a scandalous act to line the pockets with millions of dollars for the top executives. This paper is going to help the reader to understand the flaws of the accounting practices within the mortgage industry and why research in any company before action is taken is very important...
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The Office of Federal Housing Enterprise Oversight, the company's official regulator outlined their findings by stating that Fannie Mae's accounting methods "deviate from standard practice, internal control failures and presents a pattern that accentuated stable earnings at the expense of accurate financial disclosures...
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General issues of this essay:
Fannie Mae Fannie Mae Fannie Mae Investors, Beware The Press Release social responsibility of investors The Fannie Scandal The Use Ftse Index For Thai Investors Do Not Be Fooled! A Fooled Nation Fooled Nation A Fooled Nation first time homebuyers guide to success I Should've Cheated Children Are Being Cheated Out of an Education in Charter Schools How and Why First Time Homebuyers Behave
 

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