Thus, the preferred and common shareholders of Fannie Mae and Freddie Mac did not benefit by Treasury’s actions. They effectively lost their investments.
http://fhfaoig.gov/Content/Files/FannieMaeandFreddieMac-WheretheTaxpayersMoneyWent.pdf
Thus, the preferred and common shareholders of Fannie Mae and Freddie Mac did not benefit by Treasury’s actions. They effectively lost their investments.
http://fhfaoig.gov/Content/Files/FannieMaeandFreddieMac-WheretheTaxpayersMoneyWent.pdf