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IPFS News Link • Economy - Economics USA

Fannie, Freddie Shares Plummet on Capital Worries

7-8-2008 • CNBC

Shares of Fannie Mae and Freddie Mac, the largest providers of funding for U.S. home mortgages, closed at their lowest levels since 1992 on concern the companies need to raise more capital amid larger-than-expected losses.

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