A school board candidate is accusing district leaders of trying to hide accounting problems, while district leaders counter that the problems were never hidden and have been corrected.

Today’s Business 
Washington | Mortgage giant Fannie Mae, remaking itself as it recovers from a multibillion-dollar accounting scandal, is cutting its 6,500-person work force by several hundred employees by year’s end.

Constellation Brands 4Q earnings rise 
Wine and spirits producer and marketer Constellation Brands Inc. said Thursday its fourth-quarter profit grew 26 percent, as strong wine sales helped offset a drop in sales of imported beer and competition in the British market.

Fannie Mae Cutting Work Force 
WASHINGTON - Mortgage giant Fannie Mae, remaking itself as it recovers from a multibillion-dollar accounting scandal, is cutting its 6,500-person work force by several hundred employees by year’s end.

Click Accounting Resources for more information