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| Permalink View Article Stats (8 comments) Promoted to Headline (H3) on 7/21/08: CEO Salaries Weather Mortgage Crisis Quicklink submitted by John Lorenz (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| CEO Salaries Weather Mortgage Crisis CEOs of Fannie Mae and Freddie Mac last year reaped roughly $30 million in salary, incentives and other perks, despite setting their banks on courses which now require government bailouts. This is corporate welfare at it's finest. Companies have all the resources to make educated decisions but if they are foolish and wasteful the taxpayers are forced to bail them out. |
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