Freddie Mac, the mortgage finance giant bailed out by the US taxpayer in 2008, is on track to pay more money to the Treasury by the end of this year than the $72.3bn it received in government aid.
The company said yesterday that it would have completed $40.9bn in dividend payments to the government by the end of September.
It is also edging closer to recognising the value of deferred taxes worth $28.6bn, a sum it would then immediately have to remit to the Treasury.
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