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Fannie, Freddie Execs Get Big Bonuses

Residential Real Estate for Sale

Updated on Nov 15, 2011

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There it is, right in CNNMoney this morning. Fannie Mae and Freddie Mac executives (about 10 of them) have received about $95 million in pay packages since 2009- and there may be more to come in 2011. This is the same Fannie and Freddie that had just received the biggest federal bailout in US history- a bailout "funded" by- you guessed it- taxpayers' money. We are talking about $95 million rewards for FAILED companies here. It's ludicrous. How does this look to the poor soul out there who's lost his job, can't make payments on his bills and is just trying to get by? Wall Street "Occupyers" will have a field day with this. Anyway, please check out my free-to-search MLS for Marina District San Diego Homes for Sale. I just needed to rant. For further property info. contact me.
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