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Daily Archives: February 24, 2010

Freddie Mac loses $7.8B in 4Q

February 24, 2010
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Freddie Mac lost $7.8 billion in the final three months of last year, but the mortgage finance company didn’t need a federal cash infusion for the third quarter in a row. Freddie Mac, which has been controlled by federal regulators since September 2008, lost $2.39 a share, the company said Wednesday. The loss included...

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Insurance Commissioner Calls Out Anthem

February 24, 2010
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Sacramento, CA — Anthem Blue Cross is in the hot seat in Sacramento. State Insurance Commissioner Steve Poizner is alleging that the insurance company has committed over 700 violations of California law. “There’s evidence to suggest that there have been serious issues with the way Anthem deals with paying health insurance claims,” says Poizner....

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