A federal regulator was preparing to announce a settlement today with former Fannie Mae chairman and chief executive Franklin D. Raines and two other former executives over administrative charges stemming from the company's misstatement of earnings, according to people familiar with the matter. -
OFHEO Plans Settlement With Raines
A federal regulator was preparing to announce a settlement today with former Fannie Mae chairman and chief executive Franklin D. Raines and two other former executives over administrative charges stemming from the company's misstatement of earnings, according to people familiar with the matter.-
By David S. Hilzenrath