Fannie, Freddie CEOs May Receive $6 Million for 2009

Discussion in 'Economics' started by MKTrader, Dec 24, 2009.

  1. MKTrader

    MKTrader

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aecmfFV8FrBw&pos=6

    Nice. If I'm not mistaken, their losses were around $120 billion over the last two years and they took about $110 billion in taxpayer money ($60B for Fannie and $50B for Brother Freddie). I guess excessie CEO pay is all relative to whom the Obamunists label "greedy capitalists."
     
  2. pspr

    pspr

    How do you get one of those jobs? I'm sure I couldn't do any worse.
     
  3. spinn

    spinn

    You think its easy to lose $240,000,000 a day???

    that takes some serious dedication.
     
  4. S2007S

    S2007S

    So even after you fuck up you still receive millions of dollars, something is very backwards here. This is one fucked up situation.
     
  5. MKTrader

    MKTrader

    I'm pretty sure it's the "C" word: connections. Certainly not that other "C" word, "credentials."
     
  6. :D Good one - still chuckling :D