Fannie, Freddie: The biggest losers

Category: Business

Publish Date: 09-07-2008 11:03 AM -0700

Big investors in Fannie Mae and Freddie Mac face a brutal Monday. Shares in the mortgage giants, which have already lost 90% of their value over the past year, are likely to plunge anew in the wake of the government's announcement Sunday that it is taking control of the companies and ending the payment of common and preferred dividends.

Continue to Original Story >