Reuters – Freddie Mac, one of the two main U.S. mortgage companies that the U.S. government is depending on to help stabilize the housing market, said on Wednesday it needs $30.8 billion from the Treasury to survive after a massive fourth-quarter loss.
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[Source: Yahoo! News: Business]
Freddie Mac posts $23.9 billion loss, needs capital
(Reuters)
March 12th, 2009 · No Comments
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