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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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