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Updated from 9:27 a.m. EDT
The government won't charge Fannie Mae (FNM Quote) over the accounting shenanigans that led to the departure of previous management at the big mortgage company.
Washington-based Fannie said Thursday morning that the U.S. attorney for the District of Columbia is ending its investigation and doesn't plan to file charges in the case. Fannie is restating its books going back several years to fix some $11 billion in accounting errors.
Fannie was recently trading up $2.40, or 4.9%, at $51.57. ...
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