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September 15, 2008

Regulator Blocks Severance Pay to Former Freddie and Fannie CEOs

The recently-created Federal Housing Finance Agency applied a rule adopted just last week and blocked payment of an estimated $24 million in severance pay to the former CEOs of Fannnie Mae and Freddie Mack.  CFO.com, Feds Snip Fannie, Freddie Parachutes.

September 15, 2008 in Other Regulatory Action | Permalink

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