November 11, 2011
Fannie & Freddie bonuses three times the size of AIG bonuses
By Mary Katharine Ham
Remember the outrage from the administration over hefty bonuses paid to AIG executives in 2009? Back then, shortly after AIG was bailed out by American taxpayers, the company went through with already planned bonuses to top executives.
The bonuses, which totaled $165 million, sparked a hot national debate over how much freedom private companies should have to pay large bonuses after they had become dependent on taxpayers. The House and Senate passed measures calling for the taxing of executive bonuses for bailed-out companies to the tune of 70-90 percent.
Read More at The Daily Caller
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