Sunday, November 13, 2011

Huge Bonuses For Fannie Mae/Freddie Mac

Obama Administration Approved $13 Million

Barack Obama’s has administration approved $13 million for the executives of Fannie Mae and Freddie Mac as “performance bonuses.” This is the same Fannie Mae and Freddie Mac who were solely responsible for the mortgage crisis mayhem of the last two years by giving away hundreds of billions of tax-payers’ dollars to sub-prime loaners – thus driving the prices up and creating the housing bubble which burst in 2008.....more

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