Rewarding Failure, The Obama Way

[jms62]

Originally Posted by dellinger63

Repubs need to launch an investigation yesterday!

http://www.msnbc.msn.com/id/42371364...s-us_business/

In your blind hate for Obama (and I think it is race related quite frankly) you didn't notice that these execs were brought in AFTER the damage was done to clean up the mess. The mess that was started by your beloved GWB with his make everyone a home owner edict.

Full disclosure. Life long republican who voted democrat the last 2 elections due to the horrific job done by GWB. I will NOT be voting for Obama this round becuase I think he hasn't done a good job in addressing the issues, war, jobs... But to blame him for this is a joke and shows you read nothing more than the headlines.. Which is Nascar like.


"Agency officials say the salaries and deferred compensation awarded to executives at Fannie and Freddie are necessary if they are to attract and keep talent required to run those operations effectively.

They say that current pay at Fannie and Freddie is roughly 40 percent less than it was before the bailout and maintain that the compensation plans are based on the companies’ ability to meet financial and performance targets, like providing liquidity and affordability to the mortgage market"