Is Fannie Mae in Trouble?
August 27th, 2008 by tad
I just got word that Fannie Mae Chief Executive Officer Daniel Mudd replaced three top managers at the mortgage-finance provider as the company struggles to convince investors it has enough capital to weather the housing slump. I don’t know if they have the capital to make it through or not. Truth is that no one knows how long this slump is going to last. Either way it looks like they are in a bit of trouble over there.
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