Lemonides Says Fannie, Freddie May Not Need Bailout

Charles Lemonides, the chief investment officer at Valueworks LLC, talks with Bloomberg's Pimm Fox in New York about the outlook for financial stocks, Fannie Mae and Freddie Mac. Fannie and Freddie dropped in after hours trading on concern any rescue plan devised by U.S. Treasury Secretary Henry Paulson will wipe out shareholders. (Source: Bloomberg)

Bloomberg | September 5, 2008

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