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Hedge Funds Can’t Sue Over Investments in Fannie or Freddie

Hedge Funds Can’t Sue Over Investments in Fannie or Freddie

A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government's 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.

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