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Reuters: Freddie Mac files with SEC, first step to capital

Started by chris, July 19, 2008, 03:41:08 PM

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chris

Freddie Mac files with SEC, first step to capital
      


WASHINGTON/NEW YORK (Reuters) - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.
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