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Archive Home > 2008 > August > 21 > Fannie Mae, Freddie Mac shares plummet

Fannie Mae, Freddie Mac shares plummet


August 21, 2008

NEW YORK — Investors are betting that time is running out for Fannie Mae and Freddie Mac. Shares of the mortgage finance companies lost more than a fifth of their value Wednesday as fears mounted that the companies will soon need government support and any bailout would hang....

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