Conservatorship

Dem Lawmaker Probes Causes of GSE Share Slide: Report 

At least one lawmaker is questioning the series of events that led shares of both Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] to tank in the past month, giving some legs to private rumblings by various Street analysts and other market participants. Rep. Henry Waxman (D-CA), chairman of the House Oversight and Government Reform Committee, has asked CEOs of both GSEs if there is any evidence of White House officials tampering with their share prices.