It is hard to be sympathetic to someone who cannot, as the saying goes, get out of their own way. But Fannie Mae is beginning to seem like the hapless victim of a crowd of school yard bullies determined to bring it down. Last week as we reported, the Rudman Commission which was charged with investigating...
Fannie Mae filed its second consecutive Form 12b-25 with the Securities and Exchange Commission (SEC) last week, reporting that it will not file its First Quarter 2005 10-Q report with that agency in a timely manner. Earlier this year the Fannie Mae Corporation filed a Form 12b-25 for Fourth Quarter...