Well ..well Things are getting VERY interesting...very......click the title to read more...Here is a snippet from the WaPo article:
"4 Fannie Execs Each to Get $400K in Govt.-Okayed Bonuses
At least four Fannie Mae executives are slated to receive more than $400,000 in bonuses each this year as a result of the company's government-approved retention program, The Post's Zach Goldfarb reports.The executives include chief operating officer Michael Williams ($611,000), deputy chief financial officer David Hisey ($517,000), and executive vice presidents Thomas Lund ($470,000) and Kenneth Bacon ($470,000).Each of these executives earned about $200,000 in retention payments last year and salaries ranging from $385,000 to $676,000."
Don't you love the term "Retention " Payments...HOW could these Execs Demand Retention Payments when they Failed and their Companies are in such Crisis ???? Now THAT is truly GREED....period.