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    • Fannie Mae now a lawyers' picnic

      Posted by SoxFirst

      As expected, Fannie Mae has turned into litigation city with the regulators now suing the mortgage giant's former leaders over their role in the multibillion dollar accounting scandal at the government-sponsored company. And while Fannie Mae is suing its former auditors KPMG for getting its numbers wrong, KPMG is now counter-suing.

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