FRE: Lehman anaylst report sends Freddie's shares down

Lehman anaylst report sends Freddie's shares down

A Lehman Brothers analyst reported on July 7, 2008, that an accounting change could force Freddie Mac to add up to $29 billion of capital to its balance sheet. Investors also worried about future write downs, sending Freddie's stock down as much as 21% during the day. (1)

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