Thursday, November 03, 2011

"We Paid Bonuses, So We Need $6Bn More"--Fan/Fred

Oh, yah.

Fannie/Freddie, the banko Gummint mortgage outfits, paid several million dollars in bonus to a few execs a while back.

Now?

Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter.

No, sucka, there's nothing YOU can do about it.

HT:  HotAir

1 comment:

Tim Morrissey said...

Oh, there's something we can do about it....not the bonuses already paid, but the ones yet to come. Elect a congress agressive enough to put Fanny and Freddy out of business.