Bailouts, Fourth Quarter Earnings | featured news

Fannie earns $17.2B in 2012, biggest annual gain

Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, helped by a record fourth quarter.

 

Chrysler cuts 4Q net loss as comeback continues

Chrysler cuts 4Q net loss as comeback continues

An optimistic Chrysler narrowed its net loss significantly in the fourth quarter and forecast a net profit for 2011 as it continued a comeback from bankruptcy protection.

 

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