Breaking News

Suit gooses Fannie shares

Shareholders yesterday applauded hedge- funder Richard Perry’s bold move to sue Uncle Sam for hoarding all the profits of mortgage giants Fannie Mae and Freddie Mac. Preferred shares of the troubled mortgage financiers jumped yesterday after Perry, founder of $5 billion Perry Capital, slapped the Treasury Department with a… …read more
Source: NY Post

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Posted by on July 9, 2013. Filed under Business News,U.S. News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.