Bailout Fears Saddle Fannie Mae And Freddie Mac By: MarketMinute.com Stock News August 20, 2008 at 15:40 PM EDT Shares of Fannie Mae (NYSE: FNM) plunged $1.61 to $4.40 and Freddie Mac (NYSE: FRE) plummeted $1.15 to $3.02 falling to multi-year lows as a government bailout of the mortgage finance companies becomes increasingly likely.