No More Lavish Bonuses on Taxpayer Dime

Fannie Mae and Freddie Mac have received more than $170 billion in taxpayer-provided bailout funding since the two government sponsored enterprises entered Federal conservatorships in September 2008. In April, a report from the inspector general of the Federal Housing Finance Authority revealed that the top six executives at Fannie and Freddie had been paid more than $35 million since the bailout. Earlier this month, it was reported that 10 executives of the bailed out enterprises were awarded $12.79 million in bonus pay.

[muzzypatmn]

What is it about a southern accent.... It just makes me want to turn off the sound.