• Phil Hardwick

Say it ain’t so!

Just a few weeks after retention bonuses at American International Group became a national scandal, Fannie Mae and Freddie Mac, the two mortgage-financing giants that the government rescued last fall, have outlined plans to pay an additional $159 million in bonuses to retain employees in 2009 and 2010, on top of the nearly $51 million already paid out last year.

Click here to read the complete NY Times article – and scores of comments

#retentionbonuses #AIG #bailout #freddieman #fanniemae #executivepay

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