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It's $6 Million Each for Fannie and Freddie Chief Executives

Posted Dec 26th 2009 12:20PM by Connie Madon (RSS feed)
Filed under: Management, Politics, Headline News, Housing, Financial Crisis

'Tis the season to be greedy! Fannie Mae (FNM) CEO, Michael Williams, and Freddie Mac (FRE) CEO, Charles Halderman, will each receive $6 million in total compensation for 2009!

How would you like to work for a company that will guarantee every single loss you have. The U.S. Treasury said that they would absorb all losses for Fannie and Freddie for the next three years, if necessary.

Continue reading It's $6 Million Each for Fannie and Freddie Chief Executives

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Last updated: May 26, 2012: 09:59 AM

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