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.
This...











Fannie Mae Employees Keep Fat PayChecks at Taxpayers’ Expense