"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!