Friday, Aug 07, 2009
You Thought our Bank Problems were bad...
Reuters: Fannie Mae draws on U.S. support after $14.8 billion loss
"Fannie Mae, the largest provider of U.S. home mortgage funding, on Thursday reported a $14.8 billion quarterly net loss that it said would force it to go to the U.S. Treasury trough a third time for money to stay in business".
Posted by alan @ 07:02 AM (646 views) Add Comment
7 Comments
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1. tenyearstogetmymoneyback said...
$14.8 Billion = about £9 Billion.
Less than a month of queasing and the Bank of England doesn't even know where that money is going.
2. titaniccaptain said...
Alan sorry to come and bombastically stamp around your thread.
All you London HPCers.....if your around Battersea arts center tonight I will be performing there at 8pm with Elvis's backing singers.....this really isn't advertising because I get payed a fixed amount so doesn't mean sh*t to me....but if anyone want so talk shop I will be the fat bald git on Bass guitar. And this will be a one off visit to London so if your there shout out TC we can have a chat.
3. titaniccaptain said...
Update....Elvis's backing singers can't make it due to being to Efin expensive...
4. icarus said...
Does that mean you're sunk, TC?
5. titaniccaptain said...
No our backing singers blow them away .....
6. titaniccaptain said...
This has to be the funniest gig I have ever done. Twenty people have turned out and there is an audio limiter.....what a joke...oh well as long as we get payed
7. icarus said...
Worse things have happened to titaniccaptains.