Fannie Mae sues 9 giant banks over Libor losses
Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some $800 million in losses due to rate-rigging manipulation
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Unraveling the Freddie-Fannie Tangle
Freddie Mac had placed multibillion-dollar bets that pay off only if homeowners stay trapped in expensive mortgages with interest rates well above current rates.
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