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bpuharic bpuharic is offline
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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 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