By Bruce Krasting -
I've been waiting four years for a lawsuit against the government and its handling of Fannie Mae and Freddie Mac. Perry Capital, a hedge fund who has invested in Agency Pref stock, filed the suit on Saturday. A heavyweight law firm, Gibson, Dunn & Crutcher (GDC), is handling the case. I think this is going to cause a shit-storm in D.C.
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Hedge fund, Perry Capital, suing federal government over Fannie Mae and Freddie Mac bailout
