No Golden Parachute for Fannie Mae and Freddie Mac Executives

By
Real Estate Agent with Pinnacle Estate Properties, Inc. CalBRE #01766461

News that former CEOs Daniel Mudd (Fannie Mae) and Richard Syron (Freddie Mac) would be receiving multi-millions of dollars for guiding the financial giants has been greeted with outrage by taxpayers.

See my blog for the stunning news today by the conservator that the golden parachutes are not going to be paid.

www.CaliforniaRealEstateFraudReport.com

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Tags:
freddie mac
fannie mae
golden parachutes

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Rainer
23,013
Suzanne Champion
N.J. Realty - Westerville Ohio - Columbus, OH

I don't know if this is true or not, but people ARE very tired of hearing that a small handful of execs laugh all the way to the bank while the greater number of investors involved are left holding the bag.

Sep 15, 2008 03:18 PM #1
Rainmaker
269,015
Mike Wong
Keller Williams Realty Southwest - Sugar Land, TX
Realtor: Commercial, Residential, Leasing, Invest

Mismanagement should not be rewarded with a golden parachute.

Sep 15, 2008 04:31 PM #2
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Rainmaker
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Monique Bryher, MSPH

Broker-Associate -Physician Real Estate Specialist
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