Quote:
Originally Posted by spence
No he did. Newt states clearly that he identified all the structural deficiencies in the organization and that had they only listened to him everything would have been OK.
Of course, Freddie says that's a bunch of horse #^&#^&#^&#^&.
-spence
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if Freddie said it...must be true
Freddie Mac Seeks $6 Billion Bailout After Worst Quarterly Loss This Year
11/3/11
Mortgage finance giant Freddie Mac said on Thursday it will seek an additional $6 billion from U.S. taxpayers following its worst quarterly loss this year.
Freddie Mac has now drawn $72.2 billion from the government since it was taken over at the height of the financial crisis in September 2008.