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RIJIMMY · 03-19-2009, 07:53 AM

NEW YORK (CNN) -- Troubled mortgage giant Fannie Mae planned to pay four top executives retention bonuses ranging from $470,000 to $611,000, according to a February SEC filing.

Executive vice presidents Kenneth Bacon, David Hisey, Michael Williams and Thomas Lund will be receiving bonuses of close to half a million dollars each. Bacon supervises community development for the company, Hisey is its deputy chief financial officer, Williams is its COO and Lund oversees the single-family mortgage business.

Unlike AIG, the government actually TOOK OVER Freddie and Fannie!
If Barney and Dodd still have a job in 2 years I'll give up all hope on the future of this country

03-19-2009, 07:53 AM	#1
RIJIMMY sick of bluefish iTrader: (1) Join Date: Aug 2003 Location: TEXAS Posts: 8,672	I'm Barney Frank and I approve this message NEW YORK (CNN) -- Troubled mortgage giant Fannie Mae planned to pay four top executives retention bonuses ranging from $470,000 to $611,000, according to a February SEC filing. Executive vice presidents Kenneth Bacon, David Hisey, Michael Williams and Thomas Lund will be receiving bonuses of close to half a million dollars each. Bacon supervises community development for the company, Hisey is its deputy chief financial officer, Williams is its COO and Lund oversees the single-family mortgage business. Unlike AIG, the government actually TOOK OVER Freddie and Fannie! If Barney and Dodd still have a job in 2 years I'll give up all hope on the future of this country
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