Courts Will Decide On Fannie, Freddie Shareholders: U.S. Lawmaker - Presented by: The Aol. On Network

In the U.S. Senate Banking Committee's new legislative framework to wind down Fannie Mae and Freddie Mac, the leaders will not determine whether their investors can share in the companies' renewed profitability. That's according to the panel's top Republican, Idaho Senator Mike Crapo, who spoke with Bloomberg on Thursday in a televised interview. Private shareholders, including Perry Capital and Fairholme Capital Management, had sued the government over Fannie and Freddie's bailout terms.



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