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A number of our Democrat posters have railed at CEO pay packages.  Well, the two main semi-government agencies ultimately responsible for the recession just received a $3.4 million pay raise

 

"The chief executives of government-controlled mortgage-finance firms Fannie MaeFNMA -0.43 % and Freddie MacFMCC -1.13 % will get multimillion-dollar paydays thanks to a big raise approved by the companies’ regulator over the objections of lawmakers and the White House.

 

In separate Securities and Exchange Commission filings, Fannie Mae and Freddie Mac disclosed that their respective CEOs, Timothy J. Mayopoulos and Donald Layton, would have a total annual target compensation of $4 million each, effective Wednesday. The salaries of Messrs. Mayopoulos and Layton had been capped at $600,000."

 

http://www.wsj.com/articles/fa...ay-raises-1435760279

Freddie and Fannie injected a trillion dollars into the housing market inflating the value of homes that were a depreciating asset for over 100 years like a drug lord injecting more and more drugs into an addict, 

TRUTH -- THE NEW HATE SPEECH!

Last edited by direstraits
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