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"Mortgage finance giants Fannie Mae (FNM) and Freddie Mac (FRE) plan to pay more than $210 million in bonuses through next year to give workers the incentive to stay in their jobs at the government-controlled companies."
"Incentive to stay in their jobs" what a BS excuse. In our economy where people are losing jobs isn't having a job enough? Especially when they had a part in creating the problem. If they want to quit, let them. There will be plenty ready to take their place.
If and only if a company benefited from the bailout should our government object to raises or bonuses.
But then I think those shortsighted sobs we call 'congressmen' and 'senators' ought to give back their raises, too.
Bawney Fwank was humping one of the board members and dems taking in piles of campaign contributions from these folks. Hell 210 million is nothing especially if its taxpayer money. Nothing here to see. Move on is the attitude of Obama, dems and the media.
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