Fannie and Freddie Failures Succeed
September 9th, 2008
Fannie and Freddie CEOs may collect millions
By Martha GraybowNEW YORK (Reuters) - The top executives at Fannie Mae and Freddie Mac, both losing their jobs as part of a government bailout, may get multimillion-dollar payments from the mortgage finance companies upon their exits.
I am so fed up with executives walking away from their failures with millions of dollars. This is simply unfair. We need a serious attitude change in Washington, and I promise you that John McCain is not the man to deal with out of control executive compensation.
Filed under: Politics, Religion & Money
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