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Video: A punchdrunk Dylan Ratigan discusses Fannie Mae's growing bailout and the 'Wells Notice' controversy at Moody's involving Warren Buffett -- May 10, 2010
The Mortgage Death Race continues unnoticed. Last week Freddie asked for $10.6 billion, which brings their bailout total to $61 billion, and today, bankrupt and corrupt Fannie mentioned that it needs almost $9 billion more (until next quarter), bringing its total to either $83.6 billion or $84.6 billion, depending whether you believe Reuters or the AP, that is assuming that you still care about a missing billion, when it can be created at the Fed in less time than Bernanke takes to clean his beard after a chili dog and buster bar at Dairy Queen.
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