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Freddie Mac Turns Profit for Q4, Full Year 2014 Despite Losses from Derivatives

By Tory Barringer

Freddie Mac’s fourth-quarter profit only make up a fraction of what it will pay to the government in March. Per the terms of its bailout agreement, the company will hand $900 million over the Treasury, bringing its total payback to $91.8 billion—nearly $20 billion more than what it was forced to draw to keep from going under.

The post Freddie Mac Turns Profit for Q4, Full Year 2014 Despite Losses from Derivatives appeared first on DSNews.

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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