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Freddie Mac Weighs Payout Trim, Plans to Raise Capital

Authors :
Terris, Harry
Source :
American Banker. Nov 21, 2007, Vol. 172 Issue 224, 17
Publication Year :
2007

Abstract

Pummeled by the deteriorating credit environment, Freddie Mac said Tuesday that it 'is seriously considering' a 50% cut in its fourth-quarter common stock dividend and that it has hired Goldman [...]

Details

Language :
English
ISSN :
00027561
Volume :
172
Issue :
224
Database :
Gale General OneFile
Journal :
American Banker
Publication Type :
Periodical
Accession number :
edsgcl.171615612