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JohnCM

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Re: ~ NT ~ post# 62146

Saturday, 06/08/2013 6:21:19 PM

Saturday, June 08, 2013 6:21:19 PM

Post# of 802448
Hold the presses. First story I came upon suggests something other than what I thought was the case. Will keep checking ...

By Chris Isidore, senior writerJune 16, 2010: 11:27 AM ET

NEW YORK (CNNMoney.com) -- "Mortgage finance giants Fannie Mae and Freddie Mac were ordered by their federal regulator to no longer trade their shares on the New York Stock Exchange, the agency announced Wednesday.

FHFA said in a statement that the planned delisting is due to the weak stock price for both firms, and not due to any determination about a change in condition at the firms or decisions about their futures."

http://money.cnn.com/2010/06/16/news/fannie_freddie_delisting/index.htm

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