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Fannie Mae Pays Ousted CEO $2.6 Million

15th Nov 2006, 02:43 GMT

WASHINGTON (AP) - A former Fannie Mae chief executive who was ousted two years ago in the mortgage giant's accounting scandal will receive $2.6 million from the company under a deal disclosed Tuesday that largely resolves a pay dispute.

View full story at ap.lancasteronline.com

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