Nice little test to see just how serious tiny Tim was when he said that the Treasury is done doling out cash.
Friday, January 23, 2009
I Am Geithner's Total Lack Of Surprise: Freddie Asks for Another $35 Billion
Posted by
Tyler Durden
at
5:13 PM
Freddie Mac, which is already owned by the U.S. government, has said it will ask the U.S. Treasury for another $35 billion. The company said its Q4 losses will drive its net worth below zero... again...
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