Fannie Mae and Freddie Mac executives raked in over $35 million dollars in bonuses while sucking another $153 BILLION dollars out of taxpayers for being nothing more than an epic failure. A report issued Thursday by the Federal Housing Finance Agency’s Office of the Inspector General shed some light on the following payoffs for incompetence, [...]
Tag: "Fat Cats"
When President Barack Obama slammed Fat Cat Bankers for taking huge bonuses after taxpayer bailouts in Dec. of 2009, it caused quite a stir in the media. To quote the President from a CBS” 60 Minutes Interview: “”I did not run for office to be helping out a bunch of fat cat bankers on Wall Street. They’re [...]