No Golden Parachute

Ousted Fannie, Freddie CEOs Could Still See Big Paydays - washingtonpost.com


Tell them "NO" - no golden parachutes for the executives that helped lead these institutions to government bailout.

The severance packages could be worth as much as $14.9 million for Richard F. Syron, the former Freddie Mac chairman and chief executive, and as much as $9.8 million for Daniel H. Mudd, the former Fannie Mae chief executive, said David M. Schmidt, a senior consultant for the executive pay consultancy James F. Reda & Associates.