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D.C. Circ. Lets Fannie Mae Execs Off Hook

By Anne Urda (August 8, 2008, 12:00 AM EDT) -- The U.S. Court of Appeals for the District of Columbia Circuit has affirmed the dismissal of a shareholder derivative suit against Fannie Mae's board of directors, ruling that the plaintiffs bungled their pursuit of restitution from the executives at the center of the mortgage lender's 2004 accounting scandal....

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