Freddie Mac Delivers Profit, Pays Dividend To Taxpayers Without Treasury Help |
August 08, 2012 | August 2012 Bond Updates |
Freddie Mac’s net worth tallied $1.1 billion at the end of the second quarter, but more importantly the government-backed mortgage giant was able to pay a $1.8 billion dividend to the Treasury Department without borrowing taxpayer dollars. |
View more at: http://www.forbes.com/sites/steveschaefer/2012/08/07/freddie-mac-delivers-profit-dividend-to-taxpayers-without-treasury-help/ |
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