Fannie and Freddie CEOs may collect millions
By Martha GraybowNEW YORK (Reuters) – The top executives at Fannie Mae and Freddie Mac, both losing their jobs as part of a government bailout, may get multimillion-dollar payments from the mortgage finance companies upon their exits.
I am so fed up with executives walking away from their failures with millions of dollars. This is simply unfair. We need a serious attitude change in Washington, and I promise you that John McCain is not the man to deal with out of control executive compensation.