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Fannie Mae and Freddie Mac CEOs to get golden parachutes

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2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-08 08:28 AM
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Fannie Mae and Freddie Mac CEOs to get golden parachutes
http://www.latimes.com/business/la-fi-fannie9-2008sep09,0,4063126.story

Shareholders in Fannie Mae and Freddie Mac saw the value of their stock nearly disappear Monday after the mortgage giants had been taken over by the federal government, but the companies' chief executives will leave after banking millions and taking millions more on the way out the door.



Taxpayers pay while government gives these guys AGAIN more money as they did in the other bailouts - this is ludicrous
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-08 08:31 AM
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1. Obama asks Bush administration to ensure ousted mortgage CEOs aren't given lucrative severance
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