Fannie Mae Executive Summary

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The first presentation to be reviewed is Fannie Mae by Alyssa Szlachetka. Overall, the presentation is well organized and concise. It included some interesting facts about the company, such as the 2007 unethical practices scandal, which made the presentation more captivating. However, I believe that the financial results were too general and lacked details. For example, why is it that the net income in 2013 is significantly high compared to the remaining 4 years? Further explanation should have been provided, in order to clarify the given graphs. On the other hand, the key ratios were well chosen but, again, what events occured in 2013 that caused ROA, ROE and Revenue Growth ratios to be so inflated when compared to the other years? In conclusion,

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Summary for Too Big to Fail Essay

Executive Summary of Too Big To Fail Andrew Sorkin wrote a book titled Too Big To Fail. This book focus on the collapse of the investment bank Lehman Brothers, Merrill Lynch was sold by Bank of American, Freddie Mac and Fannie Mae was nationalized, and the government took 80 percent of AIG that took place on the weekend of September, 15, 2012. Significantly, he examined the financial markets reactions to the bankruptcy of Lehman Brothers. It starts with the failure of Bear Stern, one of the biggest…

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Report On Summer Tasks Security And Ass Essay

A report on the summer tasks on the Audit Information Systems Security and Assurance Priyanka Munipalle 9057-90172 Contents Executive Summary 3 Tasks 4 Issues identified 5 Appendix A 7 Executive Summary As a part of my summer course on Auditing Information Systems Security and Assurance, I was in charge of several tasks along with my internship on Data Assurance with one of the Big Four firms. This report is a collection of all the issues that were identified by me…

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Accounting Information For Decision Making

labeled Problems are included. In all future chapters you will find a series of Problems that generally include computations, are more complex, and generally require more time to complete than Exercises. Critical Thinking Cases 1.1 Real World: Fannie Mae Reliability of financial statements 1.2 Objectives of financial accounting 1.3 1.4 1.5 Accounting systems Codes of ethics (Ethics, fraud, and corporate governance) Accessing information on the Internet (Internet) 5 Analysis, ethics…

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Essay on 2008 Us Economic Recession

INTRODUCTIONS The Global Financial Crisis of 2008 is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It resulted in the threat of total collapse of large financial institutions, the bailout of small and big banks by national governments, and downturns in stock markets around the world. In United States, the housing market also suffered, resulting in evictions, foreclosures and prolonged unemployment. The crisis played a significant role in…

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Essay about Moody’s Credit Ratings and the Subprime Mortgage Meltdown

Moody’s Credit Ratings and the Subprime Mortgage Meltdown Table of Contents Introduction……………………………………………….3 Background………………………………………………..4-10 Analysis……………………………………………………10-12 Conclusion…………………………………………………12-13 References………………………………………………….14 In the early-2000s, Moody’s, one of the leading credit rating agencies in the world, evaluated thousands of bonds backed by so-called “subprime” residential mortgages—home loans made to those with both low incomes and poor credit scores…

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Essay on Washington Mutual's Covered Bonds

BERGSTRESSER ROBIN GREENWOOD JAMES QUINN Wa ashingt Mu ton utual's C Covered Bond ds September of 20 was not a calm time fo the world’s capital mark 008 or s kets. On Sept tember 7 fede erallybacke mortgage loan compani Freddie M and Fann Mae were placed into c ed l ies Mac nie conservatorsh by hip the U.S. governme a move de ent, esigned to sta abilize the em mbattled lenders. On Mond day, Septemb 15, ber global investment bank Lehma Brothers filed for Cha an apter 11 bank…

Words 5986 - Pages 24