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Fannie Mae posts loss, to cut payout, raise capital (Reuters)

Started by riky, May 06, 2008, 04:38:58 PM

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riky

Fannie Mae posts loss, to cut payout, raise capital
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Fannie Mae  on Tuesday cut its
dividend and set plans to raise $6 billion in fresh funds to
weather the severe U.S. housing market slump, driving its
shares and the broader U.S. stock market lower.</p><br clear="all"/>


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