Wednesday, August 20, 2008

FRE and FNM in free fall

(AGAIN)

FRE and FNM are down 17.8% and 16.8%, respectively. FNM is worth $5.3B at $4.95 a share and has lost 93% of its value in the last year. FRE is now worth $2.2B at $3.42 a share and has lost 95% of its value in the last 10 months.

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