Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Friday, August 5, 2011

OUCH.....THIS HURTS !!!!!

Fannie wants more

Mortgage finance giant Fannie Mae said it would ask for an
additional $5.1 billion from taxpayers as it continues to suffer
losses on loans made prior to 2009. Including the latest funding
request, Fannie Mae has needed $104 billion in government capital
injections since the US Treasury seized control of it in 2008
during the financial crisis.


A post from Chris McLaughlin's Blog at .......