Fannie, Freddie regulator sets new executive pay standards
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Fannie, Freddie regulator sets new executive pay standards

New York City : NY : USA | Mar 09, 2012 at 8:17 AM PST
Source: Reuters
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The top executives' pay at Fannie Mae and Freddie Mac will now stand nearly 75 percent below the levels existing before the government took the firms over in 2008, according to the Federal Housing Finance Agency. Acting Director Edward DeMarco told reporters. "They understand that we're seeking individuals... FULL ARTICLE AT Reuters
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The US government has provided $60 billion to Fannie Mae and $51 billion to Freddie Mac
The US government has provided $60 billion to Fannie Mae and $51 billion to Freddie Mac
 
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READ MORE: fannie mae, freddie mac, Federal Housing Finance Agency, chief executive, New York City, Business Finance, Subprime mortgage crisis, Economy of the United States, finance, United States, political-news
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