Thursday, November 3, 2011

Franks Pet Freddy Needs 6 Billion More

The first $170 billion wasn't enough...

Freddie Mac said Thursday that it lost $6 billion, or $1.86 per share, in the July-September quarter. That compares with a loss of $4.1 billion, or $1.25 a share, in the same quarter of 2010.
This quarter's $6 billion request from taxpayers is the largest since April 2010.
The Government at work. Its worse not better.

1 comment:

Woodsterman (Odie) said...

Barney spends his free time under the tables of both board rooms.