CEOs of Fannie, Freddie Blamed for Collapses
December 10, 2008 at 14:16 PM EST
(From time to time, starting today, the Icahn Report will be publishing news of interest written by staff.) The CEOs of mortgage giants Fannie Mae and Freddie Mac were warned repeatedly by their risk officers about the dangers of investing in subprime mortgages, but pushed ahead anyway into the strategy that ultimately caused their collapse, Rep. [...]