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.”

http://www.nuwireinvestor.com/articles/john-mccain-seeks-fhfa-directors-ouster-58044.aspx

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

http://thehill.com/blogs/on-the-money/1091-housing/192369-lawmakers-demand-demarco-testify-on-fannie-freddie-bonuses

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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