Now that mortgage giant Fannie Mae says it once again has lost money in its fourth quarter, it is asking our US federal government for $4.57 billion to cover another deficit.

Washington-based Fannie said it lost $2.41 billion in the October-December quarter, as a result of lower home prices. Revenue was $4.53 billion.

Our government rescued Fannie and its brother Freddie Mac, back in September 2008 to cover their losses on bad mortgage loans. Since then, the Federal Housing Finance Agency has controlled their finances.

If this were a perfect world we would always have an extra day to do whatever we wanted to do. City Island Images wishes to know how would you spend your extra day?

Would you be adventurous or would you sit back and relax? Send us a message that tells us how you plan to celebrate your extra leap day today!

You may respond here on the bottom, or write to us: admin@cimages.me

The United Nations human rights chief said today that she is “appalled” at the recent escalation of violence in Syria and called for an immediate humanitarian ceasefire to end the fighting and assist civilians.

As the UN Human Rights Council in Geneva began an urgent debate on Syria, High Commissioner for Human Rights Navi Pillay reported on a “rapidly deteriorating human rights and humanitarian situation” in which civilians continue to bear the brunt of the Government’s crackdown against the popular uprising that began last March.

ROMNEY BARELY WINS. Michigan and Arizona Primaries.

SNOWE'S SENATE MELTDOWN. Wont Seek Re-election.

LEAP DAY. The Oddest Day Of The Year.

SLUSH, SLEET EXPECTED. Temporary.

IRAN SANCTIONS. Begin Today.

There has been plenty of speculation on redistricting and how it will affect The Bronx.
Borough President Ruben Diaz, Jr. says its time to speak up now!

"For months, there has been countless speculation and innuendo concerning the future of our City's Congressional districts. Almost all of this discussion has revolved around carving up the Bronx in order to benefit other counties.