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Reuters: Former Fannie Mae execs sued in investor complaint

Started by chris, September 09, 2008, 08:00:25 AM

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chris

Former Fannie Mae execs sued in investor complaint
      


NEW YORK (Reuters) - Four former top executives of Fannie Mae  were sued on  Monday, one day after the mortgage finance giant was seized by the U.S. government, in an investor lawsuit that claims the four lied about the company's financial position and artificially inflated its share price.
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