Markets weather storm over Freddie Mac accounting mess

News

news1-gif

Credit markets have remained largely unfazed by the recent furore over accounting irregularities at the US government-sponsored mortgage agency Freddie Mac, one of the world’s largest bond issuers.

Freddie Mac’s announcement of abrupt changes in its senior management has helped allay the unease that surrounded the agency in January, when it announced that it was reviewing its earnings for the past three years. Any damage caused by the announcement, say analysts, has been done to the ag

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: