Finance Geek

From The Business Insider, March 12, 2009: Freddie Mac reported yesterday that its liabilities now exceed its
assets, in part because the fair value of its loan portfolio declined
by a massive $120 billion. It has said it will need to draw another
$30.

More…

This entry was posted on Thursday, March 12th, 2009 at 7:19 am and is filed under Yahoo Tech Ticker. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.