May 15 (Reuters) - The following are the top s

May 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* Hedge fund billionaire Daniel Loeb's campaign to pressure Sony Corp into spinning off its entertainment arm is the latest tremor to ripple through Japan's electronics industry, already reeling from unprecedented losses stemming from its lost standing in the technology world. ()

* Some of the hedge funds that made fortunes in the housing-market crash are now betting on the recovery of Fannie Mae and Freddie Mac , the government-controlled mortgage giants.

Paulson & Co and Perry Capital LLC are among a handful of hedge fund firms that have bought preferred shares in Fannie and Freddie, which collapsed in value in 2008 after the companies were taken over by the federal government. ()

http://www.reuters.com/article/2013/05/15/pre...LG20130515