Freddie Mac loses $23.9 billion in Q4 2008, bringing its total 2008 loss to $50.1 billion. Net result of all this: begging another $30.8 bil from Treasury’s trough this month. Many happy returns, Fred.

Not surprisingly, CEO David Moffett is bailing. The poor fool – I mean, interim successor – picked to replace him is John Koskinen, who has many accomplishments on his resume, including President of the US Soccer Foundation from ’04-’08. I look foward to the first press conference where he comes out and announces that his GOOOOOOOOOOOOOOOOOOAL is to ask for less money from the Treasury next quarter, and/or throws a red card at some jerky reporter who dares question FRE’s future viability.