From drudge.com
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The Treasury Department will pump $15 billion more into Fannie Mae, the company announced last night. That brings Fannie's total bailout to $59.9 billion together with its sibling Freddie Mac, the toll has risen to $110.6 billion. Fannie lost $18.9 billion in the third quarter and $56.8 billion for the year so far. The company offered a couple of explanations for its continued downward spiral. First and foremost is simply the deterioration of...
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