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More on the Fannie/Freddie revamp: One consequence of the new arrangement will be the prevention...
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Friday, August 17, 2012, 7:30 AM ETMore on the Fannie/Freddie revamp: One consequence of the new arrangement will be the prevention of the companies' building of capital that would allow them to emerge in pre-crisis form someday. The move seems likely to fry those investors who bought preferred shares in the companies hoping for distribution of profits beyond the 10% government dividend.
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