November 21, 2009, 10:17 am

Fannie Mae needs another $10.7B in federal aid

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Palehorse
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http://money.cnn.com/2009/08/06/news/companies/Fannie_mae_earnings/index.htm?postversion=2009080618

 

"NEW YORK (CNNMoney.com) -- Fannie Mae, the government-controlled mortgage insurer, said Thursday that it needs another $10.7 billion from the Treasury Department to stay afloat.

The new infusion means the troubled company has drawn a total of $45.9 billion of its $200 billion lifeline this year.". . .

 

 


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