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Further relevant info:
- Freddie Mac Posts Record Loss, Asks for $13.8 Billion (Update1) (Bloomberg)
www.bloomberg.com Nov. 14 (Bloomberg) -- Freddie Mac asked the Treasury for $13.8 billion after a record quarterly loss caused its net worth to fall below zero. The third-quarter net loss widened to $25.3 billion, or $19.44 a share, McLean, Virginia-based Freddie said in a regulatory filing today.
- Lobbyists Swarm the Treasury for a Helping of the Bailout Pie (New York Times)
www.nytimes.com The $700 billion economic rescue pool is evaporating after the plan set off a lobbying free-for-all.
- RBS, Barclays, HBOS to Pay $192 Million for U.K. Debt (Update1) (Bloomberg)
www.bloomberg.com Nov. 6 (Bloomberg) -- Royal Bank of Scotland Group Plc , Barclays Plc and HBOS Plc are paying as much as 121 million pounds ($192 million) a year in additional fees in exchange for government backing of their debt.
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