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  1. #1 Bonus Bonus Flap: Freddie, Fannie Execs Get Big Bucks. 
    Fannie plans bonuses of up to $611K for 4 execs
    Fannie Mae plans bonuses of up to $611,000 for 4 executives; Freddie Mac has similar plans
    Alan Zibel, AP Real Estate Writer
    Wednesday March 18, 2009, 2:09 pm EDT

    WASHINGTON (AP) -- Fannie Mae is planning to pay retention bonuses of as much as $611,000 each to several top executives of the government-controlled mortgage finance titan. Sibling company Freddie Mac is planning similar awards.

    Fannie Mae disclosed in a recent filing with the Securities and Exchange Commission that it's planning bonuses of $470,000 to $611,000 for four top executives, on top of their base salaries this year.

    Freddie Mac has a similar retention plan in place, but has yet to disclose how much money top executives are in line to receive.

    Both companies were seized by federal regulators last fall. Fannie has requested $15.2 billion in government aid, while Freddie has asked for nearly $31 billion in additional aid on top of the $13.8 billion it received last year.
    Where's the fake outrage now?

    Yahoo
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  2. #2  
    CU's Tallest Midget! PoliCon's Avatar
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    Quote Originally Posted by Gingersnap View Post
    Where's the fake outrage now?

    Yahoo
    STOP distracting from the distraction ginger!!:mad:
    Stand up for what is right, even if you have to stand alone.
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  3. #3  
    Quote Originally Posted by PoliCon View Post
    STOP distracting from the distraction ginger!!:mad:
    Sorry! I got distracted. :p
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  4. #4  
    CU's Tallest Midget! PoliCon's Avatar
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    Quote Originally Posted by Gingersnap View Post
    Sorry! I got distracted. :p
    well that's gonna happen when you let yourself distract from the distracting distractions that they want to distract us?
    Stand up for what is right, even if you have to stand alone.
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