Levitt Says Fannie, Freddie 'Really Cooked the Books'
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Levitt Says Fannie, Freddie 'Really Cooked the Books'
Arthur Levitt, former chairman of the Securities and Exchange Commission, talks to Bloomberg's Carol Massar and Erik Schatzker from Washington about the government's takeover of Freddie Mac and Fannie Mae, his support of the move, and the outlook for the success of the rescue. Levitt is a senior adviser to the Carlyle Group and a board member of Bloomberg LP, the parent company of Bloomberg News. (Source: Bloomberg)
Bloomberg | September 9, 2008
