Out at the peak

Monday, January 30, 2006

Fannie Mae needs to be delisted

NYSE is not setting a good example. Fannie Mae keeps failing to restate earnings ordered by the SEC. They admit they are still months away from closing out the issue. NYSE shouldn't get pushed around by one of the big guys, and should delist this company. If they are going to let them slide, they'll have to let everyone slide.

I'm sure it is not Fannie Mae that is making sure NYSE doesn't delist them. I believe it is the investors pressuring NYSE to not let it happen.


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