Taxpayers End Up Paying Severance Packages for Freddie/Fannie CEOs
 

This is amazing. Taxpayer money keeps the company afloat and these guys get millions in a severance package. Socialism for the rich.

http://www.marketwatch.com/news/stor...8A826E8CE8A%7D

the republicans are top notch bros.... :thumbsup

Why not ? It was "hard work" to run them in the ground in so little time.

it is a " heck of a job " :thumbsup

Can I run my company out of business and have the taxpayers give me a huge severance package?

the economy is being propped up on stilts....& the waters of depressions are being held back with bush's proverbial sandbags at the moment

watch for the flood after the election

hey whats the point of having bros in the whitehouse if they cant scratch your back once in a while...maybe they bought George W and his posse a drink or two at the last "lets fuck the taxpayer" annual meeting.

you got that right... our entire financial system is on the verge of collapse...

Are we going to have to sell cyber apples? I definitely agree with you, its on the edge but some say look at the market and say how can that happen with such a strong market?

The New York Times reported. Fannie Mae's Daniel H. Mudd could get $9.3 million in severance pay, retirement benefits and deferred compensation if his dismissal is "without cause," the consulting firm James F. Reda & Associates told the Times.


Wouldn't the sheer fact that the companies failed be just cause?