Fannie, Freddie shareholders seek $41B in damages from government | North Salem Real Estate

The 2008 decision by government regulators to place Fannie Mae and Freddie Mac in conservatorship may have been “beneficial to the economic welfare of the nation,” but it “trampled the private ownership rights” of shareholders in the company, according to a lawsuit that seeks class-action status to recover $41 billion in damages on behalf of investors. Source: bloomberg.com. – See more at: http://www.inman.com/wire/fannie-freddie-shareholders-seek-41b-in-damages-from-government/#sthash.DRKS69Qj.dpuf

 

Fannie, Freddie shareholders seek $41B in damages from government | Inman News.

Leave a Reply

Your email address will not be published. Required fields are marked *