Bankruptcy Law News
7/18/2008 10:33:31 AM EST
Govt OK sought for top pay at mortgage giants
WASHINGTON – (AP) Congress wants to require executives at Fannie Mae and Freddie Mac to have their pay packages approved by the government as part of a bill to throw a federal lifeline to the mortgage giants.
The idea comes as lawmakers scramble to limit the potential taxpayer costs of the rescue plan… Full version (available to lexis.com subscribers)
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