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Fannie Mae next in line to hand out questionable bonuses

Posted Mar 19th 2009 8:00AM by Mark Fightmaster (RSS feed)
Filed under: Federal Natl Mtge (FNM), Amer Intl Group (AIG), Politics

Who is ready for a second round of bonus outrage (dare I call it a "bonus" round)? This time it is Fannie Mae (NYSE: FNM) that has awarded retention bonuses to four of its top executives -- let's see how mad everyone gets about this one.

The mortgage company told the SEC in a recent filing that it is going to award bonuses between $470,000 to $611,000 to four of its top executives. As is the nature of a bonus, this payment is on top of the executives' already-hefty base pay.

Continue reading Fannie Mae next in line to hand out questionable bonuses

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Last updated: February 12, 2012: 03:49 AM

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