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To: Hydroshock

Worldcom was an 11bln bankruptcy ... Ebbers got 25yrs. Franklin Raines got 90mln - and because FNM is quasi government it did not go belly.


4 posted on 06/19/2006 6:30:05 AM PDT by VoodooEconomics
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To: VoodooEconomics

Jamie Gorelick got something near $25 million in bonuses over four years as Raines' deputy at Fannie Mae. There's an article on this in the current National Review magazine.


11 posted on 06/19/2006 6:59:40 AM PDT by Eric in the Ozarks (BTUs are my Beat.)
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