fannie and freddie ceos will make up to 6 mil each

[blu]

Business & Technology | Treasury removes cap for Fannie and Freddie aid | Seattle Times Newspaper

socialism for the rich and capitalism for the poor. and the poor dumbasses won't retaliate against the rich in their asinine defense of "capitalism" which is really corporatism to the extreme

 

[rdean]

Compared to what CEO's for Health Care companies make, that's peanuts.

Cigna CEO gets $22.7M compensation - Forbes.com

Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

NOW! Blog » Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

 

[EriktheRed]

Nope, this definitely ain't change, Mr. President.


Are you at least gonna step up scrutiny of Wall Street after the last admin looked the other way?

 

[jeffrockit]

Compared to what CEO's for Health Care companies make, that's peanuts.

Cigna CEO gets $22.7M compensation - Forbes.com

Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

NOW! Blog » Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

Health Care co's are not being propped up by tax dollars....Fannie and Freddie are.

 

[Baruch Menachem]

And 6 mil each for that level of incompetence is way out of line. They should be obliged to cough up their wages for the last six years. They steered their companies into the rocks deliberately. No way should they get paid for that.

 

[Big Fitz]

Business & Technology | Treasury removes cap for Fannie and Freddie aid | Seattle Times Newspaper

socialism for the rich and capitalism for the poor. and the poor dumbasses won't retaliate against the rich in their asinine defense of "capitalism" which is really corporatism to the extreme

Excuse me?!? I want the pay czar capping their friggen salary! They sure as hell don't deserve it if they're going to control private corporation pay. How's $2.15 sound? That's about what you're worth!

 

[rdean]

Compared to what CEO's for Health Care companies make, that's peanuts.

Cigna CEO gets $22.7M compensation - Forbes.com

Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

NOW! Blog » Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

Health Care co's are not being propped up by tax dollars....Fannie and Freddie are.

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

 

[Big Fitz]

Compared to what CEO's for Health Care companies make, that's peanuts.

Cigna CEO gets $22.7M compensation - Forbes.com

Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

NOW! Blog » Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

Health Care co's are not being propped up by tax dollars....Fannie and Freddie are.

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

Promoted to their level of incompetence. The nature of life in government employment.

 

[rdean]

Health Care co's are not being propped up by tax dollars....Fannie and Freddie are.

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

Promoted to their level of incompetence. The nature of life in government employment.

That's it? That's your debate?

 

[Big Fitz]

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

Promoted to their level of incompetence. The nature of life in government employment.

That's it? That's your debate?

What's to debate? They should not be getting 6 mil for wrecking the economy if CEOs of companies are being forbidden from making over 1 mil if even that much.

Then again, I can't think of many public sector jobs that should be making six figures let alone high five figures.

So, what's to debate? Lots to mock though.

 

[GWV5903]

Compared to what CEO's for Health Care companies make, that's peanuts.

Cigna CEO gets $22.7M compensation - Forbes.com

Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

NOW! Blog » Merry Christmas! Ed Hanway, Cigna CEO, is getting a $73,200,000 golden parachute

Health Care co's are not being propped up by tax dollars....Fannie and Freddie are.

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

If you need an answer to this your hopeless.....

 

[rdean]

Promoted to their level of incompetence. The nature of life in government employment.

That's it? That's your debate?

What's to debate? They should not be getting 6 mil for wrecking the economy if CEOs of companies are being forbidden from making over 1 mil if even that much.

Then again, I can't think of many public sector jobs that should be making six figures let alone high five figures.

So, what's to debate? Lots to mock though.

Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street.

 

[rdean]

Health Care co's are not being propped up by tax dollars....Fannie and Freddie are.

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

If you need an answer to this your hopeless.....

Like I said, "Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street."

 

[GWV5903]

That's it? That's your debate?

What's to debate? They should not be getting 6 mil for wrecking the economy if CEOs of companies are being forbidden from making over 1 mil if even that much.

Then again, I can't think of many public sector jobs that should be making six figures let alone high five figures.

So, what's to debate? Lots to mock though.

Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street.

You have no clue what Freddie and Fannie do

 

[GWV5903]

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

If you need an answer to this your hopeless.....

Like I said, "Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street."

So what is it you think they do???

BTW Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market....care to debate this???

 

[rdean]

If you need an answer to this your hopeless.....

Like I said, "Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street."

So what is it you think they do???

BTW Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market....care to debate this???

Freddie/Fannie controlled more than 70% of the mortgages. But at least with them, to get a mortgage, you had to prove that you had a job and could theoretically pay it back.

Due to the Republican deregulation of Wall Street, that market moved so that it was Wall Street that was passing out 70% of the mortgages. They didn't make the same requirements of Freddie Mac or Fannie Mae. Wall Street bundled those mortgages together and sold them overseas as "securities" and that is the basis of the housing collapse. No offense, but I thought everyone knew that. Why do you think Bush and Obama sent so much money to Wall Street?

Goldman Sachs Allegedly Violated Securities Laws | US Loan Auditors

 

[GWV5903]

Level of incompetence?

Even though I feel those salaries are way out of line, I have discovered those on the right spew talking points without having a clue what those talking points mean. Now I'm not accusing you of that, but I'm curious. What are you talking about?

If you need an answer to this your hopeless.....

Like I said, "Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street."

What the real problem to all of this is the CRA, courtesy of the buffoon Jimmy Carter......and I quote; "In 1977, the Carter Administration and the United States Congress passed and signed the Community Reinvestment Act of 1977, or CRA , designed to boost lending in inner cities with areas of extreme blight by forcing area banks to open new branches in these areas and to have a certain percentage of their lending portfolio of small business loans and home mortgages located in these areas. Failure to maintain this ratio would result in the banks being prevented from opening branches in other areas that were not distressed."

Oh and one other major detail, they would also be denied the overnight lending rate, hence making them non-competitive, nothing like Uncle Sam telling you to play their game or hell they will just force you to commit suicide.....

This is the basic keep them poor and desperate routine, also known as divide and conquer, granted both parties suffer from lobby influence, the Republicans have a much harder time convincing minority's they have their best interest at heart when they do not offer them free housing.....

 

[GWV5903]

Like I said, "Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street."

So what is it you think they do???

BTW Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market....care to debate this???

Freddie/Fannie controlled more than 70% of the mortgages. But at least with them, to get a mortgage, you had to prove that you had a job and could theoretically pay it back.

Due to the Republican deregulation of Wall Street, that market moved so that it was Wall Street that was passing out 70% of the mortgages. They didn't make the same requirements of Freddie Mac or Fannie Mae. Wall Street bundled those mortgages together and sold them overseas as "securities" and that is the basis of the housing collapse. No offense, but I thought everyone knew that. Why do you think Bush and Obama sent so much money to Wall Street?

allegedly[/B]-violated-securities-laws.html]Goldman Sachs Allegedly Violated Securities Laws | US Loan Auditors

Wall Street has never done 70% of the loans, not even 70% of the Sub Prime Loans.....

Do you have any clue what a FHA DPA loan required? This was a loan fully controlled by Freddie & Fannie, Wall Street had nothing to do with this loan......

Take some time and do a little research, this is my profession, you're only listening to half of the story, btw it is the wrong half.....

 

[rdean]

So what is it you think they do???

BTW Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market....care to debate this???

Freddie/Fannie controlled more than 70% of the mortgages. But at least with them, to get a mortgage, you had to prove that you had a job and could theoretically pay it back.

Due to the Republican deregulation of Wall Street, that market moved so that it was Wall Street that was passing out 70% of the mortgages. They didn't make the same requirements of Freddie Mac or Fannie Mae. Wall Street bundled those mortgages together and sold them overseas as "securities" and that is the basis of the housing collapse. No offense, but I thought everyone knew that. Why do you think Bush and Obama sent so much money to Wall Street?

allegedly[/B]-violated-securities-laws.html]Goldman Sachs Allegedly Violated Securities Laws | US Loan Auditors

Wall Street has never done 70% of the loans, not even 70% of the Sub Prime Loans.....

Do you have any clue what a FHA DPA loan required? This was a loan fully controlled by Freddie & Fannie, Wall Street had nothing to do with this loan......

Take some time and do a little research, this is my profession, you're only listening to half of the story, btw it is the wrong half.....

-------Ok, I guess you know more.


The entire chain of events would not have happened had Wall Street not been buying. Investment banks upended the traditional buy-and-hold model for lending (which dictated prudent underwriting, since mortgages stayed on the books) and instead seized on the liquidity of secondary markets, where loans were bundled into securities and sold off to investors who assumed the risk. Wall Street took a lucrative cut for the packaging services—a total of $26.6 billion from 2002 to 2007.

The Credit Crisis: Put the Blame on Wall Street

 

[GWV5903]

Like I said, "Wrecking the economy? Are you talking about the worthless bundled mortgages that were sold overseas as securities. That wasn't Freddie/Fannie, that was Wall Street."

So what is it you think they do???

BTW Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market....care to debate this???

Freddie/Fannie controlled more than 70% of the mortgages. But at least with them, to get a mortgage, you had to prove that you had a job and could theoretically pay it back.

Due to the Republican deregulation of Wall Street, that market moved so that it was Wall Street that was passing out 70% of the mortgages. They didn't make the same requirements of Freddie Mac or Fannie Mae. Wall Street bundled those mortgages together and sold them overseas as "securities" and that is the basis of the housing collapse. No offense, but I thought everyone knew that. Why do you think Bush and Obama sent so much money to Wall Street?

Goldman Sachs Allegedly Violated Securities Laws | US Loan Auditors

One more thing, PatekPhilippe posted this today, it will give you a better understanding about what the Clinton Administration did for derivatives, last time I checked he was a Democrat, don't let that confuse you

PBS Frontline: The Warning -- How Greenspan, Summers & Rubin Conspired To Silence Derivatives Whistleblower Brooksley*Born - Home - The Daily Bail

Also, your boy Obama, he has two of these POS in his current admin, 50 points if you can name one of them, 75 for both?????