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Jan 25

Freddie Mac to search for 30-35 billion dollar Bank injection (AFP)

By admin

Freddie Mac, which along with its sister institution Fannie Mae was taken over by the government in a September rescue, said that it would ask the Treasury for an additional 30 to 35 billion dollars to prevent its collapse.(United Technologies)AFP - US supervision-controlled mortgage finance titan Freddie Mac said time Friday that it would summon inquire the Treasury for an additional 30 to 35 billion dollars to impede its collapse.

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