Feed me Seymour. Fannie and Freddie just can’t get enough.
In case you’re keeping score, that would bring Fannie’s cash to almost $85 billion. Freddie has spent over $50 billion. Under the original terms of the bailout, they would have already used more than half of the $200 billion Congress allocated for their rescue. The Obama administration lifted that limit in December, however, so neither GSE needs to worry about running out of cash. Only taxpayers have to worry about that, apparently.
