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May 7, 2008
Fannie Announces Another Big Loss
Fannie Mae plans to raise another $6 billion through sales of common and preferred shares. It announced a first quarter loss of $2.19 billion ($2.57 per share) and plans to cut the dividend from 35 cents to 25 cents. WSJ, Fannie to Boost Capital After Posting Big Loss.
May 7, 2008 in News Stories | Permalink
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