Fannie and Freddie fight for their bonuses

After getting us up in arms about paying AIG bonuses, now Fannie and Freddie bonuses are getting a little attention. You are going to love this, they make the argument that because their stock lost value their employees need bonuses to be compensated for these losses.

Pretty much every single person in the United States was impacted financailly by the losses in the stock market, and rather than be compensated for these losses we are now being told we need to compensate those who work for the organizations that began the stock market problems.

Hat tip: This ain’t hell, but


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