Fannie Mae Seeks $1.5 Billion From U.S. Treasury After 12th Straight Loss - Bloomberg

Anyone see Barney Frank or Chris Dodd???

Fannie Mae Seeks $1.5 Billion From U.S. Treasury After 12th Straight Loss - Bloomberg:

A decline in costs from bad loans helped narrow the second- quarter loss to $1.2 billion from $14.8 billion in the same period a year earlier, the Washington-based company said today in a filing to the Securities and Exchange Commission. Fannie Mae has accrued more than $148 billion in consecutive losses since 2007, according to data compiled by Bloomberg."