[Volokh-announce] New post at The Volokh Conspiracy
notify at powerblogs.com
notify at powerblogs.com
Mon Jul 7 15:29:46 EDT 2008
Hello,
There is a new post on The Volokh Conspiracy. You can read it at:
http://volokh.com/posts/1215458973.shtml
It begins:
Today the value of Fannie Mae and Freddie Mac have
fallen about 16-18% in part because of new
accounting rules that might force them to bring
questionable off-balance sheet assets onto their
books. This would leave them so undercapitalized
that they would need to raise massive amounts of
cash to avoid a huge government bailout....
More information about the Volokh-announce
mailing list