Occupy Fannie Mae, anyone?

Graft and incompetence continue unabated at Fannie and Freddie

After misusing a $169 billion bailout, then paying out $13 million in bonuses, Freddie and Fannie have the audacity to request another $6 billion from taxpayers.

Hot on the heals of reports that the troubled, federalized mortgage holders Fannie Mae and Freddie Mac just doled out a total of $13 million in bonuses, comes the rather unsettling news that they have followed that act of blatant financial tomfoolery with a request that taxpayers provide another $6 billion for them to fritter away.

In the bizarro world where we currently reside, that actually sounds quite reasonable to me.  Occupy Fannie anyone?
 
Graft and incompetence continue unabated at Fannie and Freddie

After misusing a $169 billion bailout, then paying out $13 million in bonuses, Freddie and Fannie have the audacity to request another $6 billion from taxpayers.

Hot on the heals of reports that the troubled, federalized mortgage holders Fannie Mae and Freddie Mac just doled out a total of $13 million in bonuses, comes the rather unsettling news that they have followed that act of blatant financial tomfoolery with a request that taxpayers provide another $6 billion for them to fritter away.

In the bizarro world where we currently reside, that actually sounds quite reasonable to me.  Occupy Fannie anyone?
 

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