Fannie, Freddie Shares Plunge After Investor Lawsuit Is Dismissed – Wall Street Journal

Wall Street Journal
As part of the bailout, the government received warrants to buy common stock and received preferred shares that paid a 10% dividend. In August 2012, it changed the terms of the agreement to take nearly all the profits when Fannie and Freddie made one
Fannie Mae Ruling Means Ackman’s Valuation Is Now $100-$250Seeking Alpha (registration)

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