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Reuters: Treasury plan won't help Fannie, Freddie shareholders: Frank

Started by chris, September 07, 2008, 07:00:37 PM

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chris

Treasury plan won't help Fannie, Freddie shareholders: Frank
      


WASHINGTON (Reuters) - Fannie Mae and Freddie Mac shareholders, including preferred stockholders, will not fair well under a proposed U.S. Treasury takeover of the two housing finance companies, House Financial Services Committee Chairman Barney Frank told Reuters on Saturday.
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