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Home » Store » Taxable » Golden Parachutes at Fannie Mae?

Golden Parachutes at Fannie Mae?

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Treasury Assistant Secretary Wayne Abernathy caused a minor stir in Washington last week when he announced that recent new Securities and Exchange Commission disclosures filed by Fannie Mae revealed the existence of “golden parachutes” at the GSE. “How many of you knew a month ago that Fannie had golden parachutes for their executives?” Abernathy asked in a speech at a luncheon sponsored by Women in Housing and Finance. “They hadn’t provided that before. They
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