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: Securities Law Prof Blog

Fannie Announces Another Big Loss

By Securites Lawprof

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Fannie Mae plans to raise another $6 billion through sales of common and preferred shares. It announced a first quarter loss of $2.19 billion ($2.57 per share) and plans to cut the dividend from 35 cents to 25 cents. WSJ,...

Full post as published by Securities Law Prof Blog on May 07, 2008 (boomark / email).

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