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Stock Market & Financial Investment News

News Breaks
January 3, 2014
06:28 EDTFNMA, FMCCFannie, Freddie possibly too profitable to close, LA Times says
President Obama and some members of Congress want to shut down Fannie Mae (FNMA) and Freddie Mac (FMCC), but the companies may be too profitable to close since they are planning to send dividend checks to the Treasury worth a combined $39B, reported the Los Angeles Times. Reference Link
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