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Home » Store » Taxable » Fannie Execs Get Pay as Congress Debates Reform

Fannie Execs Get Pay as Congress Debates Reform

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Ousted Fannie Mae executives may be pleased by a decision that allows them to start receiving some of their termination pay, but these payouts aren’t going to make it any easier for the GSE on Capitol Hill. According to a spokeswoman for the Office of Federal Housing Enterprise Oversight, the agency has allowed Fannie to begin remitting scheduled payments to former CEO Franklin Raines and former CFO Timothy Howard. But these payouts are limited to…
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