Tuesday, September 9, 2008

Fannie Mae and Freddie Mac CEOs to Get Golden Parachutes

Fannie Mae's Daniel Mudd and Freddie Mac's Richard Syron shouldn't have any trouble meeting their mortgage payments, now that they have both been axed.

Mudd and Syron will leave with an additional cash of $7.3 million and $6.3 million, respectively, as part of a severance package, according to an analysis by Paul Hodgson at the Corporate Library.

2 comments:

  1. File under "M-F" For Mother F***ers!

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    Fannie Mae and Freddie Mac CEOs to Get Golden Parachutes

    Fannie Mae's Daniel Mudd and Freddie Mac's Richard Syron shouldn't have any trouble meeting their mortgage payments, now that they have both been axed.

    Mudd and Syron will leave with an additional cash of $7.3 million and $6.3 million, respectively, as part of a severance package, according to an analysis by Paul Hodgson at the Corporate Library.

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    And this is a TOTAL OUTRAGE!!!!! I could only hope to screw up a company of this capacity and walk away with millions in return....

    OUTRAGE!!!!!!!!!!!!!

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  2. Well, boys, you need to return that money.

    ReplyDelete