Fannie Mae CEO to Testify to Congress
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The chief executive of mortgage  finance company Fannie Mae FNM.N, under fire for alleged  accounting irregularities, will appear before a congressional  panel next week, a company spokesman said on Wednesday.
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A former Fannie Mae FNM.N employee  who gave U.S. officials information about what he saw as  accounting irregularities will not testify as planned before a  congressional hearing next week, a House committee said on  Friday.
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Fannie Mae, the largest source of money for the mortgage market, said former Chief Executive Officer Franklin Raines will receive benefits including an annual payment of $1.37 million after his ouster last week.
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A former Fannie Mae (FNM.N: Quote, Profile, Research) employee who gave US regulators information about alleged accounting irregularities will not testify as planned before a congressional hearing next week, the committee
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Fannie Mae's struggle to weather the storm amid the wreckage of Franklin Raines's tenure will be played out in Congress as well as in corporate boardrooms.
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Fannie Mae (FNM.N: Quote, Profile, Research) , the largest US home funding company, said on Monday it plans to sell $4.5 billion of three-month benchmark bills due Dec. 29, 2004
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TOKYO - The House of Councillors Financial Affairs Committee said Monday it has summoned Citibank Japan CEO Douglas Peterson and Tokyo Stock Exchange Inc President Takuo Tsurushima to give unsworn testimony at its meeting Tuesday.
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The chairman of a US Congressional panel responsible for Fannie Mae gained authority to subpoena executives at the biggest US mortgage finance company for information related to allegations of accounting errors.
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Whether mortgage finance giant Fannie Mae will have to restate its earnings as a result of accounting problems cited by regulators will be up to the Securities and Exchange Commission to consider, a company executive said Tuesday.
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A former energy trader for collapsed hedge fund Amaranth Advisors LLC will testify next week at a U.S. Senate hearing on the role of speculation in natural gas markets, according to a witness list published on Friday.
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Mr. Greenspan, chairman of the Federal Reserve, is scheduled to testify before the House Budget Committee on Wednesday on two sensitive topics: the economy and the federal budget deficit.
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LEXINGTON, Ky. -- The president of the National Thoroughbred Racing Association will testify before Congress this month as part of its investigation into steroids in sports.
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Federal Reserve Chairman Ben Bernanke is scheduled to testify before the House of Representatives' Financial Services Committee on September 20, a spokesman for the panel said on Thursday.
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A former Fannie Mae employee who  gave U.S. regulators information about alleged accounting  irregularities will not testify as planned before a  congressional hearing next week, the committee said Friday.
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WASHINGTON, DC-Fannie Mae officials have revealed in a report filed to the Securities and Exchange Commission on December 27 that recently retired chairman and CEO Franklin D. Raines is owed an annual pension of $1.3 million for as long as he lives, as
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The chief executive and chief financial officer of US mortgage finance giant Fannie Mae (FNM.N: Quote, Profile, Research) stepped down late on Tuesday after
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Fannie Mae, the largest US mortgage finance company, will be the subject of an Oct. 6 hearing by the House Financial Services Committee over its accounting and management, said Representative Richard Baker, a Louisiana Republican.