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IPFS News Link • Economy - Economics USA

Fannie and Freddie Detail Retention Bonuses

• NY Times
Fannie Mae and Freddie Mac, the mortgage-financing giants the taxpayers rescued, 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.

1 Comments in Response to

Comment by Richard Stone
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I sure could use some of that money. Where do I get in line for the gravy train? How can any business need to pay bonuses to retain employees ? In a time of high unemployment why can't they just be happy to have a job? This is such garbage !!!!!