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liesday. Creager was presentea with A&M football and basketball jerseys.
^annie Mae’s finances questioned
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tlight many:
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s event theret ^ g iant Fannie Mae. prompt-
ugh this mosi '8 an T* 16 Securities
rd to top. the id Exchange Commission and
ar. Hopefully: dling into i.|u<.
tball weekend 1 !1 I soundness, the company
7A
Thursday, September 23, 2004
Cat Stevens’
brother says he is
not a terrorist
Singer Cat Stevens, taken off a
London-to-Washington flight be
cause his name showed up on a
government “no-fly” list, has no ties
to suspected terrorists, his brother
said Wednesday.
Stevens, who converted to Islam
and changed his name to Yusuf Is
lam more than a quarter-century
ago, recently made the watch list
after U.S. authorities received in
formation from multiple sources in
dicating he may have associations
with potential terrorists, a govern
ment official said.
United Airlines Flight 919 was
diverted to Bangor, Maine, on Tues
day afternoon after U.S. officials
who checked the passenger list
learned that the singer was aboard.
Federal agents met the plane and
interviewed Islam.
Islam's brother and business
manager, David Gordon, said in a
telephone interview that he could
guarantee that Islam does not as
sociate with possible terrorists.
“It's not true," Gordon said. “His
only work, his only mind-set, is hu
manitarian causes. He just wants
to be an ambassador for peace.”
Gordon said his brother was in
eood humor.
$3o!6oo
WON WEEKLY
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979-776-0999
OPEN TUESDAY THRU SUNDAY
Ag Appreciation Nights
on Wed & Thurs Nights: 6:00 & 8:00
Open Tuesday thru Saturday
Speed 6:00pm, I st Session 6:30pm, 2 n(> Session 8:00pm
Sunday - I st Session 6:00pm, 2 nd Session 8:00pm
1/2 price paper
*10.00 1/2 price Bingo Magic Machines
BYOB
*2500 package prize each session
Stjosep" Br „ osVilll Stjoseph
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The Battalion
Classified
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For information, call
845-0569
TREEHOUSE
APARTMENTS
& 2 BR'S AVAILABLE
$390 - $550
(979) 696-5707
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Dec.- May or Dec.- Aug.
Starting at s 449, 2bdrm/lbth
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1111
October
15 &16
Regulators have found serious
’so Wee
t filing.
share:
d iclosed Wednesday. It
|opped nearly 7 percent.
In at least one instance, the
Igulators said, it appeared
■at the government-sponsored
Impany put off some account-
I she has been Ig for expenses to a future re-
i/londay'scourtlortjng p er j(xi j n order to meet
)!ic descriptionlamings targets that brought
ems. fonuses for executives.
Gregory
ia, or severe
t, "comes
ts is well cared
ome.
The Fannie Mae board has
named a special committee of
outside directors to respond to
the allegations by the Office
of Federal Housing Enterprise
Oversight. Fannie Mae is the
second-largest U.S. financial in
stitution behind Citigroup Inc.
The developments surprised
financial experts and Wall Street.
A little more than a year ago,
Freddie Mac, Fannie Mae’s sis
ter agency and competitor in the
multitrillion-dollar home mort
gage market, disclosed that it
had understated profits by some
$4.5 billion for 2000-2002 in an
effort to smooth earnings.
Fannie Mae’s accounting then
came under close government scru
tiny, though its leaders insisted that
it had no problems of that type.
“It is a ‘wow’ situation,” said
Arvind Sachdeva, an analyst for
Victory Capital Management
who follows the company. But,
he added, “These are opinions.”
Rep. Richard Baker, R-La., a
longtime critic of Fannie Mae
and Freddie Mac, called it “a sad
and disturbing day for investors,
homebuyers and taxpayers alike.
... Investors have been fooled,
home buyers have been cheated
and taxpayers are at risk.”
The regulators at OFHEO
submitted a report to its board
that found earnings manipula
tion, lax internal controls and in
accurate financial disclosures.
CONGRATULATIONS!
Join the Celebration at the Clayton W. Williams, Jr. Alumni Center
SEPTEMBER 23RD RING DELIVERY
Eickets distributed throughout the day, beginning at 7:15 a.m.
You must have a numbered ticket to get your Aggie Ring.
Festivities begin at 2:30 p.m.
Ring distribution starts at 3 p.m. and ends at 6 p.m.
We encourage you to utilize the “Aggie Ring Shuttle”, which will run from 2:00-6:00
to transport guests to and from PA 100 lots E and F (Tom Chandler Dr., South of
Reed Arena) and The Association.
You must bring your receipt and drivers license
to pick up your Aggie Ring. If you do not have your receipt,
please bring your student ID and drivers license.
U.S. AIR FORCE
CROSS INTO THE BLUE
THINK OUTSIDE
FOUR PERPENDICULAR
SIDES ON A
GEOMETRICALLY
SQUARED BASE.
It takes ingenuity, teamwork and a great deal of effort to pull off some of the high-profile
engineering projects being done in the United States Air Force. Engineers who come
aboard are immediately put on the fast track and have advancement opportunities
typically not found in the private sector. From weapons systems and space station
materials to the next generation of X-planes, whatever the project is, it’s always esh,
always important and always cutting edge. If this sounds like something you might be
interested in, visit our Web site at AIRFORCE.COM or call us at 1-800-423-USAF to
request more information.
©2004 Paid for by the U.S. Air Force. AU rights reserved.