Freddie Mac to ask for another $10 billion bailout funds

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Freddie Mac to ask for another $10 billion bailout funds

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Freddie Mac to ask for another $10 billion bailout funds

The second-largest provider of U.S. residential mortgage funds, Freddie Mac (FRE.N), is still not completely out of the woods. Having been able to keep its head above the water in tough economic conditions primarily on the basis of bailout funds, Freddie Mac asked for a further $10.6 billion in federal aid.

http://www.themoneytimes.com/featur...her-10-billion-bailout-funds-id-10111514.html

wtf...how many billions is it going to take?

Estimates of the Congressional Budget Office reveal that the total strain on taxpayers for bailing out Freddie Mac and Fannie Mae will be to the tune of $389 billion through 2019.

what the hell is wrong with our leadership?
 
Were is the tea bag strength when you need it. I like gov mortgage help but I bet the ate paying 10,000 community organizers too.
 
Freddie Mac to ask for another $10 billion bailout funds

--------------------------------------------------------------------------------

Freddie Mac to ask for another $10 billion bailout funds

The second-largest provider of U.S. residential mortgage funds, Freddie Mac (FRE.N), is still not completely out of the woods. Having been able to keep its head above the water in tough economic conditions primarily on the basis of bailout funds, Freddie Mac asked for a further $10.6 billion in federal aid.

http://www.themoneytimes.com/featur...her-10-billion-bailout-funds-id-10111514.html

wtf...how many billions is it going to take?

Estimates of the Congressional Budget Office reveal that the total strain on taxpayers for bailing out Freddie Mac and Fannie Mae will be to the tune of $389 billion through 2019.

what the hell is wrong with our leadership?

Oh hell, what's wrong with a few billion dollars here and there? The government just prints it out like it is a game.
 
freddie-mac-warning.jpg
 
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