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Default Barney admits he made a mistake on Fannie and Freddie!

On Sat, 21 Aug 2010 09:08:02 -0700 (PDT), Jack
wrote:

http://www.realclearpolitics.com/art...ts_106844.html

Here's a good quote from the article:

"Then there's this head-scratching detail: In an absolutely outrageous
move last Christmas Eve, President Obama signed off on $42 million in
bonuses for the top 12 Fannie and Freddie executives, including $6
million apiece for the two CEOs."

WTF???


if memory serves, i believe this was required by the contract
regarding the bailout. he may have had no choice
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Default Barney admits he made a mistake on Fannie and Freddie!


"bpuharic" wrote in message
...
On Sat, 21 Aug 2010 09:08:02 -0700 (PDT), Jack
wrote:

http://www.realclearpolitics.com/art...ts_106844.html

Here's a good quote from the article:

"Then there's this head-scratching detail: In an absolutely outrageous
move last Christmas Eve, President Obama signed off on $42 million in
bonuses for the top 12 Fannie and Freddie executives, including $6
million apiece for the two CEOs."

WTF???


if memory serves, i believe this was required by the contract
regarding the bailout. he may have had no choice


WTF? These guys needed a bail out and in order to give it to them the Gov't
had to agree on huge bonuses?
Top officers of any failed institution should be shown the door, not a bag
of cash, especially not tax money.
How did we get this stupid? If a ship runs aground, the Captain gets fired,
not a GD reward!


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Default Barney admits he made a mistake on Fannie and Freddie!



"mmc" wrote in message
g.com...

"bpuharic" wrote in message
...
On Sat, 21 Aug 2010 09:08:02 -0700 (PDT), Jack
wrote:

http://www.realclearpolitics.com/art...ts_106844.html

Here's a good quote from the article:

"Then there's this head-scratching detail: In an absolutely outrageous
move last Christmas Eve, President Obama signed off on $42 million in
bonuses for the top 12 Fannie and Freddie executives, including $6
million apiece for the two CEOs."

WTF???


if memory serves, i believe this was required by the contract
regarding the bailout. he may have had no choice


WTF? These guys needed a bail out and in order to give it to them the
Gov't had to agree on huge bonuses?
Top officers of any failed institution should be shown the door, not a bag
of cash, especially not tax money.
How did we get this stupid? If a ship runs aground, the Captain gets
fired, not a GD reward!


it's rotten to the core and really does show who runs the country.

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mmc mmc is offline
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Default Barney admits he made a mistake on Fannie and Freddie!


"YukonBound" wrote in message
...


"mmc" wrote in message
g.com...

"bpuharic" wrote in message
...
On Sat, 21 Aug 2010 09:08:02 -0700 (PDT), Jack
wrote:

http://www.realclearpolitics.com/art...ts_106844.html

Here's a good quote from the article:

"Then there's this head-scratching detail: In an absolutely outrageous
move last Christmas Eve, President Obama signed off on $42 million in
bonuses for the top 12 Fannie and Freddie executives, including $6
million apiece for the two CEOs."

WTF???

if memory serves, i believe this was required by the contract
regarding the bailout. he may have had no choice


WTF? These guys needed a bail out and in order to give it to them the
Gov't had to agree on huge bonuses?
Top officers of any failed institution should be shown the door, not a
bag of cash, especially not tax money.
How did we get this stupid? If a ship runs aground, the Captain gets
fired, not a GD reward!


it's rotten to the core and really does show who runs the country.


Yep, and it's not our elected officials.


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First recorded activity by BoatBanter: Dec 2009
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Default Barney admits he made a mistake on Fannie and Freddie!

On Sat, 21 Aug 2010 17:37:41 -0400, "mmc" wrote:


"bpuharic" wrote in message
.. .
On Sat, 21 Aug 2010 09:08:02 -0700 (PDT), Jack
wrote:

http://www.realclearpolitics.com/art...ts_106844.html

Here's a good quote from the article:

"Then there's this head-scratching detail: In an absolutely outrageous
move last Christmas Eve, President Obama signed off on $42 million in
bonuses for the top 12 Fannie and Freddie executives, including $6
million apiece for the two CEOs."

WTF???


if memory serves, i believe this was required by the contract
regarding the bailout. he may have had no choice


WTF? These guys needed a bail out and in order to give it to them the Gov't
had to agree on huge bonuses?


yeah. look at who took over fannie mae when it got the govt bailout.
the CEO was bascially bribed out of retirement.


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