Speaking of executive bonuses, where are the questions on Fannie an Freddy?

With all the talk, and whining regarding AIG’s bonuses that they are contractly obligated to pay out, which the Hussein idiots such as tax cheat Geithner should have known about in the first place, wheres all the uproar over the Fanny Mae and Freddy Mac bonus packages? According to their annual report, (h/t Hotair),  Freddie Mac has pretty nice retention bonus plan built into its operation for the next year.  Eligibility includes all of the senior and executive VPs.  It comes in four payouts, and only the last has any connection to company performance. So Barney Frank, when do the questions begin about these bonuses? Oh BTW, the banking queen himself Barney Frank rather flippantly dismissed the death threats against AIG executives.  Edward Liddy CEO of AIG read a threat (According to Michelle Malkin):

All of the people should be executed with piano wire around their neck.

After which Frank smirked, “I am not persuaded:”. What if this same threat had been that homosexuals should be strangled with piano wire? Wouldn’t Barney be calling on the FBI to find the culprit and hang him/her?

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March 18, 2009 · Filed Under AIG, Barney Frank


Comments

  • Rick

    I believe we should demand that Barney supply the names of the Fannie & Freddie employees who are in line for bonuses and then withhold the payments. Then we should tar & feather Dodd & Frank for their complicity in facilitating this disaster.

  • LANI

    I say we get the addresses of Raines, since he got a nice fat bonus from Fannie, how about the addresses of Barney Frank – one being 274 Grove St # 5 Newton, Mass 02466. Addresses still missing are Pelosi, Reid, Shcumer etc.