Tuesday, November 18, 2008

NYSE may de-list Fannie Mae stock

http://money.cnn.com/2008/11/18/news/companies/fannie_delisting.ap/index.htm?postversion=2008111818
Fannie Mae on Tuesday said it received notice from the New York Stock Exchange that its stock failed to satisfy price-related requirements, and may lose its listing on the exchange.

This may come to a shock to the company, but its not a shock to the rest of the world. Fannie Mae signed a contract with NYSE, and they need to uphold their end of the bargain.

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