Freddie Mac reports Q3 loss, asks for $6B in aid

[sarcasmo]

Source: AP

Snip< Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter.


Snip < The government rescued McLean, Va.-based Freddie Mac and sibling company Fannie Mae in September 2008 after massive losses on risky mortgages threatened to topple them. Since then, a federal regulator has controlled their financial decisions.

Read more: http://news.yahoo.com/freddie-mac-reports-q3-loss-asks-6b-aid-124449542.html

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Time to fail Freddie.

[City Lights]

1. Ask your executives to loan you their bonus money.

The well is dry.

[OhioChick]

2. What's Haldeman's salary? n/t

[PoliticAverse]

3. Haldeman received $3.9 million last year.

See: http://www.politico.com/news/stories/1011/66933.html

[sarcasmo]

6. Which is 3.8 million more than it should be.

[AllyCat]

4. Freddie is being criticized for asking for $6B, but we can give the other big guys

tens of billions without question? I am tired of bailing out all these sharks, but the Pukes LOVE to fault Fannie and Freddie without ever casting an eye on the rest of the players in this great train heist.

[bluebuzzard]

5. Freddie Mac Seeks $6 Billion Bailout After Worst Quarterly Loss This Year

Source: huffington post

Mortgage finance giant Freddie Mac said on Thursday it will seek an additional $6 billion from U.S. taxpayers following its worst quarterly loss this year.



Read more: http://www.huffingtonpost.com/2011/11/03/freddie-mac-seeks-6-billion-bailout-quarterly-loss_n_1073962.html

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Somebody must want a bonus.