Quote:
Originally Posted by dklassen
Just a side note. They are saying Freddie Mac may need another 150 bill. Did you also know Freddie Mac executives also have a bonus / retention package? They get four payouts this year. No outrage from the administration?
SMOKE SCREEN!
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"Fannie Mae, the federally run mortgage finance giant, plans to pay four top executives $1 million or more in bonuses as part of an employee-retention program"
"Fannie Mae, which suffered $59 billion in losses last year, has requested $15 billion in taxpayer assistance, and has said it expects to need plenty more"
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews