Freddie Mac loses 8 bil last quarter

[cigarlover]

They have lost more in the last 10 quarters than they have made in the last 30 years. About 800 billion in the last 10 quarters. I think they are still looking at another 4 trillion in losses.

Remember this was all moved onto the taxpayer from the banks. We the taxpayer gets to eat this.

[Neuro]

That can't be right! I remember when they were nationalized tha they calculated the combined losses of Freddie Mac and Fannie May, would be 25 Billion tops to the taxpayers... Did they lie to us then?

[Libertarian_Guard]

When the 'big boys' play pass the hot potato, you know who's lap it always ends up in.

[k-os]

Anything taken over by the gov't will end the same way. Past performance kinda IS indicative of future results.

[osoab]

I thought Freddie and Fannie got unlimited back stops one X-mas Eve.

Why would they need to ask publicly? Why not just call turbo timmy and ben?