Thursday, May 6, 2010

Freddie Mac seeks $10.6B in aid after 1Q loss (Alan Zibel/Associated Press)

 

Alan Zibel / Associated Press:
Freddie Mac seeks $10.6B in aid after 1Q loss  —  WASHINGTON - Freddie Mac is asking for $10.6 billion in additional federal aid after posting a big loss in the first three months of the year.  It's another sign that the taxpayer bill for stabilizing the housing market will keep mounting.

Freddie Mac seeks $10.6B in aid after 1Q loss (Alan Zibel/Associated Press)
Thu, 06 May 2010 07:20:13 GMT

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