(Reuters) - Raines' attorney argued on Thursday that Fannie's
regulator, the Office of Federal Housing Enterprise Oversight,
is wrongly standing in the way of the payout.
Raines, who resigned as CEO in December 2004 as an
accounting scandal was breaking, claims he is entitled to more
than 58,000 Fannie Mae shares that are currently worth about
$3.88 million.
Read more at Reuters.com Bonds News
regulator, the Office of Federal Housing Enterprise Oversight,
is wrongly standing in the way of the payout.
Raines, who resigned as CEO in December 2004 as an
accounting scandal was breaking, claims he is entitled to more
than 58,000 Fannie Mae shares that are currently worth about
$3.88 million.
Read more at Reuters.com Bonds News
No comments:
Post a Comment