Sunday, May 09, 2010

Freddie Mac’s Loss Is Ignored in Washington

Fair Game - Freddie Mac’s Loss Is Ignored in Washington - NYTimes.com
"Freddie — already propped up with $52 billion in taxpayer funds used to rescue the company from its own mistakes — recorded a loss of $6.7 billion and said it would require an additional $10.6 billion from taxpayers to shore up its financial position."

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