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Fannie mae another bailout

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Fannie Mae wants $7.8 billion to cover losses.
The SEC has filed suit against six Fannie Mae and Freddie Mac executives.
Williams was appointed CEO after the bailout in 2008.
Fannie mae another bailout

Fannie Mae's headquarters in the nation's capital are seen November 9, 2011 in Washington, DC. Citing the rise in defaults on loans it has guranteed, the government-controlled mortgage giant is asking the federal government for $7.8 billion in aid to covers its losses in the in the third quarter of FY 2011. Fannie has received $112.6 billion so far from the Treasury Department - the most expensive bailout of a single company.

Chip Somodevilla