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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-10-11 06:25 PM
Original message
WTF!
http://www.msnbc.msn.com/id/45245145/ns/business-real_estate/#.TrxcU0O8Vfo

if you haven't read it already

The government regulator of Fannie Mae and Freddie Mac said Thursday that million-dollar bonuses paid to executives at the companies were necessary to keep the mortgage giants running.
Edward DeMarco, acting director of the Federal Housing Finance Agency, sent a letter to U.S. lawmakers that paying a total of $12.8 million in bonuses was a way of keeping talented executives with the companies. Without them, U.S. taxpayers would incur greater losses, he said.

Yes, we could chain the executives to a post instead. Nice try, Mr. DeMarco!
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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-10-11 06:38 PM
Response to Original message
1. Oh, Hell yeah. They've done such a good job so far.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-11-11 06:47 PM
Response to Reply #1
2. I don't know why we didn't rise up this greed before?
they are not off the hook
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