Court Throws Out Lawsuits Related to Fannie Mae, Freddie Mac Profits – Wall Street Journal

Court Throws Out Lawsuits Related to Fannie Mae, Freddie Mac Profits
Wall Street Journal
The government didn’t wipe out shareholders but received warrants to acquire up to 80% of the firms’ common stock and avoided bringing their assets and liabilities onto the federal ledger. The government also received a new class of “senior preferred” …

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