Talk of The Villages Florida - View Single Post - Clarification on AIG..who knew what when...
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Old 03-18-2009, 07:36 PM
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Originally Posted by Bucco View Post
"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
Gee, and Fannie & Freddie (the deadbeat twins) gave HOW MUCH to candidates, and which ones? But they are now the forgotten twosome as long as big bad AIG is given the headlines by a pliable press.

Giving "employee retention bonuses" to Fannie & Freddie executives is like sponsoring Dr. Kevorkian for the Nobel Prize in Medicine.