Fannie, Freddie CEOs May Receive $6 Million for 2009

[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."

 

[pspr]

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

 

[spinn]

Quote from pspr:

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

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

that takes some serious dedication.

 

[S2007S]

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

 

[MKTrader]

Quote from pspr:

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

I'm pretty sure it's the "C" word: connections. Certainly not that other "C" word, "credentials."

 

[TraderZones]

Quote from spinn:

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

Good one - still chuckling