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FNM Fed Natl Mtge Ass

2.42
0.00 (0.00%)
11:30:00 - Realtime Data
Share Name Share Symbol Market Type
Fed Natl Mtge Ass TG:FNM Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.42 2.40 2.50 2.50 2.40 2.40 10,127 11:30:00

Rep Bachus:TARP Bill Seeks To Exit Cos Where Government Holds 15% Stake-CNBC

18/09/2009 5:38pm

Dow Jones News


Fed Natl Mtge (TG:FNM)
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Rep. Spencer Bachus, R-Ala., Friday said legislation he introduced dealing with the government's Troubled Asset Relief Program, or TARP, in part seeks to withdraw investments in companies where the government holds a more than 15% stake. In an interview on CNBC, Bachus said the legislation, which creates a trust to manage the TARP investments, is needed to end "political interference" with those companies, and that the companies themselves by and large "want an orderly exit." Bachus added that he believes the government will lose its entire investment in Freddie Mac (FRE) and Fannie Mae (FNM).

Web site: www.cnbc.com

-Dow Jones Newswires

 
 

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