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Judges Hear Investors’ Claim U.S. Government Stole GSE Profits

Judges Hear Investors’ Claim U.S. Government Stole GSE Profits

Lawyers for investors in Fannie Mae and Freddie Mac asked a federal appeals court to at least revive their claims that the U.S. stripped the companies of billions of dollars of profits, depriving shareholders of dividends, if not to go further and rule the transfer of profits to the government was unlawful.

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