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Criminal probe into US housing giant

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posted on Jun, 12 2003 @ 08:54 AM
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A criminal investigation has begun into Freddie Mac, the second-biggest US mortgage lender already embroiled in an accounting probe.

The government-chartered group said the Securities and Exchange Commission (SEC) had now opened a formal investigation into its accounting problems.

Here is the rest of the story:
news.bbc.co.uk...




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