Compare this from AP Business Writer Marcy Gordon here:
Government-controlled mortgage buyer Freddie Mac managed a narrower loss of $1.7 billion for the October-December quarter of last year. But it has asked for an additional $500 million in federal aid - up from the $100 million it sought in the previous quarter.
Freddie Mac also posted a $19.8 billion loss for all of 2010.
With this from Philip van Doorn for The Street here:
Freddie Mac on Thursday reported a fourth-quarter net loss of $113 million, and would need another sip from the government trough.
The loss narrowed from a $2.5 billion net loss during the third quarter. For all of 2010, the government-sponsored mortgage giant lost $14 billion, following a $21.6 billion loss during 2009.
So, in Q4 2010 Freddie lost either $1.7 billion, or $113 million.
And for all of 2010 Freddie lost either $19.8 billion, or $14 billion.
But who's counting. They're just numbers.
If I ever straighten this one out, I'll let you know.
