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Miscellaneous

Congressional Fannie and Freddie Foe, Richard Baker to Head Hedge Fund Lobby

JAN 15, 2008 9:42pm ET

WASHINGTON – Congressional Republicans lost another one of their leaders yesterday when Rep. Richard Baker, the lading critic of Fannie Mae and Freddie Mac, said he is resigning his seat to become president and CEO of the Managed Funds Association, a leading hedge fund lobby group.

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