Paulson, Claren Road, Owl Creek Hit With Fannie Mae, Freddie Mac LossesVW Staff
The long-running Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) fiasco is bringing a few hedge funds to their knees. Hedge funds who have battled with courts and congress over the last few years were served a severe blow recently as the federal court dismissed one of their lawsuits.
Claren Road faces redemptions . . .
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