Fannie, Freddie shares dive after U.S. appeals court ruling

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Fannie, Freddie shares dive after U.S. appeals court ruling

Fannie, Freddie shares dive after U.S. appeals court ruling
(Reuters) - shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts.

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