“Fannie Mae and Freddie Mac’s regulator is blocking as much as $24 million in “golden parachute” severance payments to the companies ousted chief executive officers.”
∙ Fannie, Freddie Regulator Blocks `Golden Parachutes’ for CEOs [Bloomberg]
∙ It’s The End Of The GSE’s As You Know Them (Do You Feel Fine?) [SocketSite]
Seem like “golden parachutes” shouldn’t be a part of these lead balloons!
you support many kinds of schadenfreude, actually
So did the top two guys have the only GPs, or is there unmentioned parachutes for lower-level execs that weren’t touched by the regulator?