Freddie Mac plans to lose another $2B next quarter. To celebrate, they threw a decadent holiday party at the Ritz Carlton with hors d'oeuvres, entertainment, the whole bit. You'd think it was the Goldman Sachs partners dinner. Alas, it was a Government Sponsored Enterprise pissing away money right before they're going to need a taxpayer bailout.
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10-4-2026
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