Old Glory

Old Glory

Monday, May 10, 2010

Fannie Mae Seeks $8.4 Billion in Taxpayer Aid After First-Quarter Loss

Washington (AP) - Fannie Mae has again asked taxpayers for more money -- this time $8.4 billion -- after reporting another steep loss for the first quarter. The taxpayer bill for rescuing Fannie and its sibling Freddie Mac has grown to $145 billion -- and the final tally could be much higher...CNS NEWS 5-10-2010

Fitzarooni's take: Hmmm Fannie & Freddie are not in the Financial Reform Bill. Some top Dems say they'll deal with it next year. Mark the calendar!

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