Monday, February 4, 2013

Fannie Mae Employees Keep Fat PayChecks at Taxpayers’ Expense

Earlier this week the Inspector General (IG) of the Federal Housing Finance Agency released a report documenting the current pay levels of mid-level executives at Fannie Mae and Freddie Mac, those mortgage giants which contributed to the financial crisis and have so far cost the taxpayer over $180 billion.   Despite the bail-outs, it seems the GSEs are still a comfortable place to work, all at the taxpayers’ expense.

Read more: http://finance.townhall.com/columnists/markcalabria/2013/02/04/fannie-mae-employees-keep-fat-paychecks-at-taxpayers-expense-n1504358?utm_source=thdaily&utm_medium=email&utm_campaign=nl

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