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WTF?? Freddie Mac wants $146 Million More

 
aBiNoRmAl
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User ID: 6853650
United States
03/09/2012 04:10 PM
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WTF?? Freddie Mac wants $146 Million More
Freddie Mac requested $146 million from the U.S. Treasury in order help make interest payments on government loans used to keep the mortgage buyer afloat, the company said Friday.

Although Freddie Mac reported $619 million in net income in the fourth quarter of 2011 as well as other income of $887 million, it was not enough to make the $1.7 billion interest payment it was required to make to the government.

This has got to stop...this makes me so angry..so they want the government to bail them out of money they owe to the government??? How is that accomplishing anything? That just means WE pay for it...screw that!!!

[link to news.yahoo.com]
Anonymous Coward
User ID: 1319430
United States
03/09/2012 06:08 PM
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Re: WTF?? Freddie Mac wants $146 Million More
Why are they not shut down. Funny how the Feds shut down banks and then banks that are friends of someone are allowed to purchase them for pennies on the dollar. Yet, Freddie Mac continues on sucking more money from the taxpayers. I gues Freddie Mac is good at sucking considering Barney Fag's boyfried is head of it.
RollinSoLo

User ID: 1342519
United States
03/09/2012 06:18 PM
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Re: WTF?? Freddie Mac wants $146 Million More
so?
Anonymous Coward
User ID: 7976121
United States
03/09/2012 06:27 PM
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Re: WTF?? Freddie Mac wants $146 Million More
Put the people in charge of the company in prison and empty their bank accounts, sounds pretty simple.





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