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Freddie Mac Turns 3Q Profit
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FBN’s Lori Rothman on Freddie Mac not seeking further federal aid because it turned a profit in the third quarter.
- Duration 0:51
- Date Nov 6, 2012
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FBN’s Lori Rothman on Freddie Mac not seeking further federal aid because it turned a profit in the third quarter.
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I'm -- -- with your Fox Business street there's a rally on Wall Street today as voters head to the polls to cast -- in this.
The -- closely watched presidential election the Dow is up 131 points right now.
Mortgage giant Freddie Mac not seeking additional federal -- after turning in nearly three billion dollar profit in the third quarter.
The government control company citing an increase in home prices and decline in mortgage delinquencies for the quarterly gain the roughly 170 billion dollar taxpayer rescue -- Freddie.
Some larger sibling Fannie Mae well it was the most expensive bailout for the 2008 financial crisis.
And it's the end of the road for American -- -- he's car business that company filed for Chapter Eleven bankruptcy protection.
We'll -- auto production was part of her restructuring plan moves are unrelated to Japan based Suzuki motor.
-- corporation.
And that is the latest from the Fox Business Network giving -- the --