Fannie Taps Treasury for $15.3 Billion More After a 10th Loss

Courtesy Topix - Business News  Sat, 02/27/2010 - 16:02

Fannie Mae will seek $15.3 billion in U.S. aid, bringing the total owed under a government lifeline to $76.2 billion, after its 10th consecutive quarterly loss.


 

Related items

Fannie Mae seeks $10.7B in US aid after 2Q loss
Fannie Mae is seeking an additional $10.7 billion in government aid after posting another massive quarterly loss as the taxpayer bill from the housing market bust keeps growing.

Manulife Posts Fourth-Quarter Loss on Interest-Rate...
Manulife Financial Corp., Canada's largest insurer, reported a second straight quarterly loss as low interest rates eroded investment returns.

UBS Posts 76% Drop in Quarterly Profit, Investment...
UBS AG, Switzerland's biggest bank, said fourth-quarter profit dropped 76 percent after its investment bank reported a second consecutive quarterly loss.

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com