Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Monday, 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.

http://lawprofessors.typepad.com/securities/2008/09/regulator-block.html

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