Freddie Mac to seek 30-35 billion dollar Treasury injection (AFP)

Freddie Mac, which along with its sister institution Fannie Mae was taken over by the government in a September rescue, said that it would ask the Treasury for an additional 30 to 35 billion dollars to prevent its collapse.(United Technologies)AFP – US government-controlled mortgage finance giant Freddie Mac said late Friday that it would ask the Treasury for an additional 30 to 35 billion dollars to prevent its collapse.

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