Relevant:
- Freddie Mac to Resume Treasury Aid as Accounting Rules Change
- Freddie Mac Will Seek $6 Billion of Treasury Aid After Posting Wider Loss
- Freddie Mac profit jumps; will pay U.S. Treasury $4.4 billion | Reuters
- Freddie Mac's negative net worth raises questions
- August Surprise (Bribe): Massive Mortgage Bailout
2009-08-08 — reuters.com
``This accounting change increased the company’s equity by $5.1 billion. Higher equity equals higher net worth. As long as the company maintains positive net worth, Treasury doesn’t have to provide more bailout funds. Freddie’s total bailout to date, by the way, is $51.7 billion.''
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