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May 5, 2010
Given $50 billion to help prevent its collapse, now the mortgage financing giant freddie mac apparently needs more of your money to stay afloat. the company seeking more than $10 billion in additional aid after it post add huge loss in the first three months of the year. as you probably know, congress created freddie mac along fannie mae. they buy mortgages and bundle them for investment purpose. today is another sign that the housing crisis could be far from over. more information tonight on li...
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Breaking news out of greece tonight, the prime minister has survived the vote of no confidence. what does that mean for him, and what does that mean for us? >> well, it means that the effort by france and germany to ton bail out the euro zone will continue. it post poans a crisis for probably another month or two, and i think in that sense its probably better news than having greeps collapsgreececollapse to. the country is overwhelmingly against whats being done. the two major parties, both of t...
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Breaking news out of greece tonight, the prime minister has survived the vote of no confidence. what does that mean for him, and what does that mean for us? >> well, it means that the effort by france and germany to ton bail out the euro zone will continue. it post poans a crisis for probably another month or two, and i think in that sense its probably better news than having greeps collapsgreececollapse to. the country is overwhelmingly against whats being done. the two major parties, both of t...