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BBC: Fannie Mae loss widens to $29bn

Started by riky, November 10, 2008, 04:02:49 PM

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riky

November 10, 2008, 04:02:49 PM
Fannie Mae loss widens to $29bn

US mortgage finance firm Fannie Mae reports a third-quarter loss of $29bn in the wake of the slowing housing sector.


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