March 19, 2009
Fannie Mae and Freddie Mac, the government-controlled companies that started the financial mess we are in, are set to give $1 million bonuses to some of their executives. These two companies were bailed out by our government at the cost of hundreds of billions of dollars. Fannie Mae and Freddie Mac plan to do the same thing AIG did with their tax-money bailout - give some executives $1million bonuses.
