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SEC Charges Ex-Fannie Mae & Freddie Mac Execs With Securities Fraud

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Washington, D.C. — The Securities and Exchange Commission has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans.

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Measles fear grows in Silicon Valley

The nationwide measles outbreak that started at Disneyland in Southern California is now hitting home in the tech community in Northern California, with word this week that a LinkedIn employee in the San Francisco office may have exposed hundreds of Bay Area commuters to the disease.