Friday, March 20, 2009

Fannie & Freddie Execs Receive Huge 6 Figure Bonuses for Faliure

"Fannie Mae, which suffered $59 billion in losses last year, has requested $15 billion in taxpayer assistance, and has said it expects to need plenty more."

Obviously, for the greedy power brokers in Congress, Some Bonuses Less Outrageous Than Others.

Not that the democrats care. Guess who's been covering for Fannie Mae and Freddie Mac as far back as 2004? Guess who's raked in the biggest campaign contributions from Fannie Mae and Freddie Mac as far back as 2004?

Hint: It wasn't the Republicans. (video)

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