Monday, April 06, 2009

Another Government Double Standard

So the government can take the bonuses away from AIG executives after they agreed for them to receive them. Now Freddie and Fannie Mac are going to dish out over $210 million dollars in bonuses after losing over $100 billion dollars. The bonuses are need to retain good employees, says Freddie and Fannie. I thought that was exactly what AIG was saying but the government didn't care about its contracts. How is it AIG gets slammed and plastered all over the media and Fannie and Freddie can kind of slide under the radar? I just don't understand all of this.

Here is and article from the WSJ.