The Age logo The Age 2 weeks ago

No new aid as Freddie Mac loses $US6.3b

US mortgage finance giant Freddie Mac said Friday it lost $US6.3 billion ($A6.91 billion) for shareholders in the third quarter but would not seek any additional bailout funds from the government. Full Article at The Age

Related Topics:

  1. Fannie Mae
  2. United States Department of the Treasury

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  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on E...
  2. VIENNA, VA - APRIL 22: Eddy Azcarate, spokesman for the Fairfax County Police Department, briefs the media in front of the house of David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, April 22, 2009 in Vienna, Virginia.
  3. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on E...
  4. WASHINGTON - DECEMBER 10: James Lockhart, Chairman and CEO of the Oversight Board of the Federal Housing Finance Agency, addresses a meeting of the Women in Housing and Finance organization December 10, 2008 in Washington, D.C. The board is the regulator of Fannie Mae, Freddie Mac and the 12 Fed...
  5. WASHINGTON - DECEMBER 9: Former Fannie Mae CEO Daniel Mudd (R) testifes along with former Freddie Mac CEO Richard Syron (L) before the House Oversight and Government Reform Committee during a hearing on 'The Role of Fannie and Freddie Mac in the Financial Crisis' on Capitol Hill December 9, 2008...
  6. WASHINGTON - DECEMBER 9: Former Fannie Mae CEO Franklin Raines (R) testifies before the House Oversight and Government Reform Committee with former Freddie Mac CEO Leland Brendsel (C) and former Fannie Mae CEO Daniel Mudd (L) during a hearing on 'The Role of Fannie and Freddie Mac in the Financi...
  7. SAN FRANCISCO - OCTOBER 20: Freddie Mac CEO David Moffett (L) speaks as Fannie Mae President and CEO Herbert Allison (C) and Federal Housing Finance Agency Director James Lockhart (R) look on during a panel discussion at the 2008 Mortgage Banker's Association Conference and Expo October 20, 2008...
  8. WASHINGTON - SEPTEMBER 07: Treasury Secretary Henry Paulson speaks at a news conference announcing a federal takeover of Fannie Mae and Freddie Mac September 7, 2008 in Washington, DC. The mortgage giants have lost billions of dollars in the recent credit crisis.
  9. US Treasury Secretary Henry Paulson during a press conference on the bailout of mortgage giants Fannie Mae and Freddie Mac on September 7, 2008 in Washington, DC.

Cast of Characters

  1. Fannie Mae Fannie Mae
  2. United States Department of the Treasury United States Department of the Treasury