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Fannie Mae loses $25.2 billion in one quarter, asks for bailout

News Link  •  Obama Administration

Fannie Mae loses $25.2 billion in one quarter, asks for bailout


02-26-2009  •  Rawstory.com 
Troubled US mortgage finance giant Fannie Mae said Thursday it lost almost 60 billion dollars last year and asked the Treasury Department for a further 15.2 billion dollars in aid. 
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Reported by Jack Gregson
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