Fannie, Freddie executives defend pay packages - Yahoo! Finance: "WASHINGTON (Reuters) - Top executives at Fannie Mae and Freddie Mac on Wednesday defended their companies' pay practices which have drawn opposition after it was disclosed the government-controlled firms were paying out nearly $13 million in executive bonuses.
Michael Williams, chief executive of Fannie Mae, and Charles Haldeman, Freddie Mac's chief executive, both argued the compensation structures at the mortgage finance firms were warranted to retain and attract qualified staff."
'via Blog this'
Wednesday, November 16, 2011
Fannie, Freddie- can't get these dregs even if one scrapes the bottom of the barrel
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment