Freddie Considers Major Stock Sale
Jul 18th, 2008 | By WSJ.com: Real Estate | Category: News worldwide
Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors. The move, which comes as emergency regulatory actions have triggered a two-day rebound in its stock, would have the potential to avoid a full-blown government rescue for Freddie and Fannie Mae.