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Other Thread About, $100 million payday |
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Your World & Experience
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Fannie, Freddie execs score $100 million payday
By Chris Isidore @CNNMoney (CNN) 04:29:55PM (ET) Tuesday,November 15,2011. NEW YORK (CNNMoney) -- Mortgage finance giants Fannie Mae and Freddie Mac received the biggest federal bailout of the financial crisis. And nearly $100 million of those tax dollars went to lucrative pay packages for top executives, filings show. The top five executives at Fannie Mae received $33.3 million in 2009 and 2010, while the top five at Freddie Mac received $28.1 million. And each company has set pay targets of as much as $17 million for its top managers for 2011... Fannie, Freddie executives score $100M payday post bailout - Nov. 15, 2011 ---------------------------------------------------- Close your mouths.
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