Fannie, Freddie regulator stands behind executive retention pay

By: Dawn Kopecki March 23, 2009

The regulator for Fannie Mae and Freddie Mac is standing behind his decision to approve retention bonuses for top executives, resisting calls from U.S. Representative Barney Frank to rescind the payments. "The loss of key personnel would be devastating to the companies and to the government's efforts to stabilize the housing system," Federal Housing Finance Agency ...

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Fannie, Freddie regulator stands behind executive retention pay

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