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Freddie Mac could lose $20-$40 billion in 2009: Friedman
(Reuters) - Freddie Mac could post losses totaling $20 billion to $40 billion in 2009, hurt by higher credit costs and write-downs in mortgage assets, an analyst at Friedman Billings Ramsey said.
Reuters  –  Nov 17, 2008 12:25 PM [GMT]  –  comment?
found in Business
Freddie Seeks Gov’t Aid After $25.3B Loss
Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss.The mortgage finance company ....
Memphis Daily News  –  Nov 15, 2008 06:55 AM [GMT]  –  comment?
found in Local: Tennessee: Memphis
Freddie's Loss Hits $25.3 Billion
Freddie Mac posted a $25.3 billion loss and said it will need a $13.8 billion cash infusion as losses stemming from home-mortgage defaults surge.
Wall Street Journal  –  Nov 15, 2008 01:32 AM [GMT]  –  comment?
found in Business: Markets
Freddie seeks gov't aid after $25.3B loss
WASHINGTON (AP) -- Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss Friday....
AP  –  Nov 15, 2008 01:08 AM [GMT]  –  comment?
found in Business
Obama team has ties to Clinton, banks
Politico - Six members of President-elect Barack Obama’s transition team for government operations worked in the Clinton administration, and one of them runs a consulting firm that has listed Freddie Mac as a client.
Yahoo!  –  Nov 15, 2008 12:57 AM [GMT]  –  comment?
found in Politics: Elections
Wachovia gets 1 top exec at Wells Fargo
Wells Fargo & Co. has chosen David Carroll, head of Wachovia Corp.s capital-management group, to lead the combined firms wealth management efforts. (WFC) (WB) (MS) Fri, 14 Nov 2008 15:44:22 GMTJ.C. Penney???s Q3 profit dropshttp://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/triangle/sto ... more »
Triangle Business Journal  –  Nov 14, 2008 10:53 PM [GMT]  –  comment?
found in Local: North Carolina: Raleigh-Durham
Freddie Mac seeks $13.8bn lifeline
Freddie Mac has asked the US government for a $13.8bn lifeline after suffering a record $25.3bn quarterly loss on large credit-related writedowns
Financial Times  –  Nov 14, 2008 9:23 PM [GMT]  –  comment?
found in Business: Companies
Freddie seeks government aid after $25.3B loss
WASHINGTON -- Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss Friday.
Detnews.com  –  Nov 14, 2008 8:50 PM [GMT]  –  comment?
found in Local: Michigan: Detroit
David Brooks, Right on the Money
David Brooks, taking no prisoners on the proposed auto bailout:In short, a bailout will not solve anything -- just postpone things. If this goes through, Big Three executives will make decisions knowing that whatever happens, Uncle Sam will bail them out -- just like Fannie Mae and Freddie Mac. In t ... more »
National Review Online  –  Nov 14, 2008 8:45 PM [GMT]  –  comment?
found in Politics: Opinions
Freddie Mac to Hank Paulson: $14 Billion Please…
Mortgage finance giant is asking for government cash as its net worth goes negative
U.S. News & World Report  –  Nov 14, 2008 5:29 PM [GMT]  –  comment?
found in Top Stories