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Fannie Mae Employees Keep Fat PayChecks at Taxpayers’ Expense

Ron781 Wrote: Feb 04, 2013 10:21 AM
Fanny and Freddie are based on this one thought. Wouldn't it be wonderful if everyone owned their own home and they would then become very concerned about their neighborhood and city and stop being criminals and deadbeats. Well how did that work out for us? Liberals will never learn, some people want to be criminals and deadbeats.
geotay Wrote: Feb 04, 2013 2:23 PM
That 'neighborhood' thing was NEVER the rationale, boosting the voter base was. And still is.

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...

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