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milliam
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Registration date : 2009-02-28

PostSubject: More bonuses   April 7th 2009, 12:26

http://online.wsj.com/article/SB123876318076986497.html


"In the letter, a copy of which was reviewed by The Wall Street Journal, Mr. Lockhart defends the bonuses as vital to retaining talent at the two companies, the main providers of funding for U.S. home mortgages. Fannie and Freddie, which reported combined losses of about $108 billion for 2008, are being propped up by capital infusions from the U.S. Treasury."

Must be some great talent to be able to lose $108 billion in a year. I think I might be able to do that myself, but I'd probably at least have something to show for all of the money spent.

So, these bonuses are exactly like the AIG bonuses. Its going to be interesting in how they treat these. I bet Barney Frank will be defending these, while he totally condemed the AIG bonuses.
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maysunsmiracle
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PostSubject: Re: More bonuses   April 7th 2009, 14:44

you mean Bawney Fwank? sorry couldn't resist! javascript:emoticonp('sunny')
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DecepticonDon
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PostSubject: Re: More bonuses   April 8th 2009, 10:01

milliam wrote:
I bet Barney Frank will be defending these, while he totally condemed the AIG bonuses.

I bet he will play stupid(He doesn't really have to play, does he?) concerning these.
like in Clear and Present Danger "I have no recollection of that event"
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