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Edward L. Golding remarks from 6/12/2002 "Are Fannie and Freddie Adequately Disclosing What Investors Need?" event.
Since the collapse of Enron, there has been an increasing focus on the adequacy of disclosure by public companies. Because they are exempt from registration with or reporting to the Securities and Exchange Commission, Fannie Mae and Freddie Mac are able to determine for themselves what and how they disclose...
The future of Fannie Mae and Freddie Mac is becoming cloudier. Legislation in Congress and a clear lack of support at the Treasury are harbingers of political difficulties ahead. Perhaps more important is the fact that these two government-sponsored enterprises (GSEs) are growing faster than the housing market. By...
Stanley Crouch discusses a number of the year's events in the worlds of literature, politics, and popular culture in order to comment on the American condition.
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