Legal Commentary

Fannie And Freddie Bonuses Coming Next Furor

By Big Tent Democrat

Here's the next furor:

Fannie Mae is due to pay retention bonuses of as much $470,000 to $611,000 this year to some executives despite enormous losses at the government-backed mortgage company. Fannie's main rival, Freddie Mac, also plans to pay such bonuses but hasn't yet provided details.

Full post as published by TalkLeft on March 18, 2009 (boomark / email).