(Bloomberg) -- Franklin Raines, ousted as chief
executive officer of Fannie Mae in 2004, said regulators are
withholding documents that may show a deliberate attempt to drive
down the company's stock price.
The Office of Federal Housing Enterprise Oversight
``continues to guard jealously against the disclosure of
information,'' Raines said in a filing yesterday with the U.S.
District Court in Washington. Ofheo is denying access
``presumably for fear that the integrity of its own public
statements will be called into serious question,'' the filing
said.
Read more at Bloomberg Bonds News
executive officer of Fannie Mae in 2004, said regulators are
withholding documents that may show a deliberate attempt to drive
down the company's stock price.
The Office of Federal Housing Enterprise Oversight
``continues to guard jealously against the disclosure of
information,'' Raines said in a filing yesterday with the U.S.
District Court in Washington. Ofheo is denying access
``presumably for fear that the integrity of its own public
statements will be called into serious question,'' the filing
said.
Read more at Bloomberg Bonds News
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