Saturday, November 7, 2009

In the News: Fannie Mae Seeking $15B More

Bloomberg is reporting, "Fannie Mae will seek $15 billion in Treasury Department financing after posting an $18.9 billion third-quarter net loss, according to a Securities and Exchange Commission filing late yesterday. The Washington-based company, which posted $101.6 billion in losses over the previous eight quarters, has already tapped $44.9 billion from the $200 billion emergency lifeline."



experts123.com

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