executive bonuses

Well, look at this: While we were riveted, watching that AIG public lashing on Wednesday, top executives other spectacularly failed companies –  Fannie Mae and Freddie Mac, to be precise — are taking home some big bonuses as well, The Wall Street Journal reports.
From The Journal:
Fannie Mae is due to pay retention bonuses of between [...]

I guess the folks at AIG, the insurance company that has gotten tens of billions of dollars from the government to keep it afloat, didn’t listen very closely the other day when President-elect Barack Obama mentioned in an interview that top business executives should forgo their bonuses in troubled times.
Via Naked Capitalism, the Financial Times [...]