Posted by: arnegrim | November 8, 2011

“Freddie Mac’s report on Thursday of a $4.4 billion third-quarter loss and plans by the FHFA to request another $6 billion in government bailout money for Freddie, in part to cover Freddie’s $1.6 billion quarterly dividend payment to the government.”

“Last year, the FHFA reportedly approved $12.79 million in bonus pay for 10 Fannie Mae and Freddie Mac executives.”

Where are the Occupy people? Why are the other lenders that took bailout $ from the government forced to revise their operating processes and pay back the bonus $ when FHFA gets a pass?


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