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The Securities and Exchange Commission has charged six former Fannie Mae and Freddie Mac officials with misleading investors about risky loans. Judy Woodruff discusses how the alleged wrongdoings.

From Freddie Mac, former CEO Richard Syron, former Executive Vice President and Chief Business Officer Patricia L. Cook, and former Executive Vice President for the Single Family Guarantee business Donald J. Bisenius, were charged with securities fraud. From Fannie Mae, former CEO Daniel Mudd, former Executive Vice President of its Single-Family Mortgage business, Thomas A. Lund, and Chief.

The Securities and Exchange Commission has charged six former top executives at Fannie Mae and Freddie Mac with civil fraud, saying they misled the government and taxpayers about risky subprime.

 · WASHINGTON – Two former CEOs at mortgage giants Fannie Mae and Freddie Mac on Friday became the highest-profile individuals to be charged in connection with the 2008 financial crisis.

The two men were under the supervision of former trader Bruno Iksil, also known as The London Whale,’ who was involved but reportedly is not likely to face charges. sold faulty mortgages to.

A former Fannie Mae top executive must face a civil trial over Securities and Exchange Commission charges he misled investors about subprime mortgages before the housing bubble burst, a judge has.

Henry Paulson-free-market thinker, former CEO. underwater subprime borrowers to New York investment banks and Fannie Mae and Freddie Mac-the Washington-based quasi-governmental firms that together.

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SEC charges ex-Fannie, Freddie CEOs with fraud By DEREK KRAVITZ, AP Business Writer – 1 hour ago WASHINGTON (AP) – Two former CEOs at mortgage giants Fannie Mae and Freddie Mac on Friday became the highest-profile individuals to be charged in connection with the 2008 financial crisis.

The U.S. Securities and Exchange Commission (SEC) sued former Fannie Mae CEO Daniel Mudd and former Freddie Mac CEO Richard syron december 16, 2011 for understating the subprime.

 · Among those named in the complaint were Daniel Mudd, former CEO at Fannie Mae, and Richard Syron, former chairman and CEO at Freddie Mac.

The Securities and Exchange Commission sued six former Fannie Mae and Freddie Mac executives on Friday for misleading the public about the mortgage giants’ exposure to risky subprime mortgages as the housing bubble deflated. Former Fannie Mae chief executive Daniel Mudd and former Freddie Mac CEO.