NOT THRILLED! IT IS ONLY CIVIL CHARGES AND NO MENTION OF FRANKLIN RIANES!
[email_link] Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the agencies. The lawsuits filed today in Manhattan federal court were followed by an SEC statement that…