10
Nov
Fannie posts $29B 3Q loss, $100B may not be enough (AP)
Filed Under (Personal Finance) by on 10-11-2008
AP - Fannie Mae on Monday posted a $29 billion loss in the third quarter as it took a massive tax-related charge, and warned that its $100 billion lifeline from the government may not be sufficient for its solvency should it continue to lose money.
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