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UPDATE 1-Fannie Mae says capital OK, eyes preferred stock

Story date: 2007-09-24 02:43:00
Added on: 2007-09-24 23:06:25


Reuters - A potential preferred stock offering "is likely more related to a possible refinance of outstanding, expensive preferred callable" securities instead of the need for capital, Jim Vogel, head of agency debt research at FTN Financial, said in a ...


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