Keefe, Bruyette & Woods said that Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM) shares are most likely worthless. Shares of Freddie Mac fell 31 cents to $1.41 while Fannie Mae stock dropped 25 cents to $1.21.
Freddie Mac And Fannie Mae Shares Likely Worthless
October 19, 2009 at 14:03 PM EDT