Fannie and Freddie Shareholders Fight Back

Fannie and Freddie Shareholders Fight Back Play

July 9 (Bloomberg) -- Hedge fund firm Perry Capital LLC sued the U.S. Treasury Department claiming the government’s seizure of all profits from Fannie Mae and Freddie Mac is illegal and has destroyed shareholders’ holdings. Lead Counel on Lawsuit Matt McGill speaks with Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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