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Freddie, Fannie shares sink on bailout concerns
By ALAN ZIBEL
WASHINGTON -- Shares of Fannie Mae and Freddie Mac plummeted Friday as Wall Street and Washington became more convinced that the government is likely to bail out the nation's key mortgage financiers.
Freddie Mac shares fell $2.91, or 36.4 percent, to $5.09 in late-morning trading, while Fannie Mae fell ...
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