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(Image from article: "GMAC headed for $5 billion loss")

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U.S. Postal Service loses $5.2 billion, warns of low cash

U.S. Postal Service

The U.S. Postal Service's net loss widened to $5.2 billion during the April through June period, and the cash-strapped agency warned on Thursday that without help from the U.S. Congress it will face low cash and be unable to borrow money this fall.

 

Freddie Mac Posts $4.1B Loss for Q3

Freddie Mac posts $4.1 billion loss for third quarter, seeks additional $100 million in aid.

 

GMAC headed for $5 billion loss

GMAC headed for $5 billion loss

GMAC, the troubled finance company that last week scored a third government bailout, said Tuesday it expects to post a record fourth-quarter loss of $5 billion.

 

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