Tuesday, May 3, 2016

Once Daily Digest Email

Ambassador Lee E Wanta

 







Derivatives Losses Are Mushrooming at Freddie Mac; Now It’s the Taxpayers’
Problem

http://wallstreetonparade.com/2016/05/derivatives-losses-are-mushrooming-at-freddie-mac-now-its-the-taxpayers-problem/

By Pam Martens and Russ Martens: May 3, 2016

On April 21, Wall Street On Parade reported that the U.S. government (also known
as the U.S. taxpayer) was on the hook for potentially tens of billions of
dollars in derivative losses at Freddie Mac and Fannie Mae – the two companies
the government put under conservatorship [...]

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