News Alert: Ex-Freddie Mac, Fannie Mae chiefs sued by SEC over loans

	Friday, December 16, 2011 11:21:04 AM NEWS ALERT Ex-Freddie Mac, Fannie Mae chiefs sued by SEC over loans Richard Syron, the former chief executive officer of Freddie Mac, and Daniel Mudd, ex-CEO of Fannie Mae, were sued by the U.S. Securities and Exchange Commission over disclosures they made about subprime loans. Complaints were filed against the two men today in Manhattan federal court. Also sued by the regulator were Enrico Dallavecchia, who was chief risk officer for Fannie Mae; Thomas Lund, Fannie's Mae's former executive vice president; Patricia Cook, Freddie Mac's former executive vice president; and Donald Bisenius, who was a senior vice president at Freddie Mac. "This action arises out of series of materially false and misleading public disclosures," the SEC said in the complaint filed against Syron. The agency seeks unspecified damages against the defendants. Fannie Mae or Freddie Mac aren't named as defendants in the case. Read more at: http://www.washingtonpost.com/business/ex-freddie-mac-fannie-mae-chiefs-sued-by-sec-over-loans/2011/12/16/gIQAnLPGyO_story.html Or visit washingtonpost.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy