All Commentary
Thursday, March 12, 2009

Freddie Mac Loses Again, Seeks More Taxpayer Money


“Freddie Mac, the mortgage finance company, posted a fourth-quarter loss of $23.9 billion Wednesday and said it would ask for additional government aid of nearly $31 billion.” (New York Times, Thursday)

Brought to you by the U.S. Government.

FEE Timely Classic
“Too Big to Fail” by Michael Heberling