Friday, December 25, 2009

What's a few millions, right?

Today' headline:
Heads of Fannie and Freddie Could Earn $6 Million.

Fannie and Freddie have so far received $111 billion in taxpayers' money to bail it out from bankruptcy. Government estimate a total of $170 billion will be required to keep them afloat. Meanwhile the two quasi government firms are still bleeding in losses.

Read the entire news report here

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