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Wall St. Struggles To Fend Off Fannie, Freddie Fraud Suits

By Samuel Howard (December 13, 2011, 6:56 PM EST) -- A New York federal judge on Monday rejected the lead case selected by Wall Street banks looking to dismiss the U.S. government's allegations that they lied to Fannie Mae and Freddie Mac about the quality of tens of billions of dollars' worth of residential mortgage-backed securities....

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