The FHA made a last-minute announcement this week that it will delay the release of its annual financial audit, and sources close to the situation said FHA Commissioner Dave Stevens is working with the third-party auditor to bolster his projections that the program will not need a federal subsidy or bailout. The source, who said he spoke with Stevens as the delay was announced, said FHA officials feel that...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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