Freddie Mac posts $5 billion loss – Yahoo! Finance

Posted by on 11/7/2009

Freddie Mac posts $5 billion loss – Yahoo! Finance.

NEW YORK (Reuters) – Freddie Mac (NYSE:FRE – News; NYSE:FRE – News), the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a “prolonged deterioration” in housing.

Bailouts, Jobs, Subprime Crisis

4 Comments.

  1. Robert 11/7/2009 at November 7, 2009 - 02:05 PM

    Well this news certainly calls for huge bonuses for the management! Afer all, they are politically-connected cronies of the hypocrites in the so-called leadership of our Nation! Yes, the leadership cares so much for the poor, the regular people! Al Gore’s still fightin’ fer yoo!

  2. Fred Dawes 11/12/2009 at November 12, 2009 - 11:04 AM

    your money for the homes of the third world people.

  3. Fred Dawes 11/12/2009 at November 12, 2009 - 11:28 AM

    I take back what I wrote Above, your money for the third world rulers inside the USA ( Read blacks and browns and low life white pigs with yellow boys doing us all a shit-eating number) think rope and think American ways to justice and freedom. and what was that about God and justice?

  4. Freddie Mac posts $5 billion loss – Yahoo! Finance | Right Voices « Trevoro Blog - pingback on 11/12/2009 at November 12, 2009 - 07:58 PM

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