OK, this one is just going to make you mad:
Do you know who Dan Mudd is???
Well, for starters, he is retired TV newsman Roger Mudd's son and a descendant of THAT Dr. Mudd.
But did you also know the following about Dan Mudd:
- He is the erstwhile CEO of Fannie Mae who was the head dude at the time of the $200B bailout
- That even though his salary is 'only' $900,000 a year, he was able to take home more than $40 million during his tenure
- And that even though the employee's stock options and 'investments' are looking like they are about worth the paper they are printed on, Dan Mudd could get up to $9 million as a golden parachute because his departure is not 'for cause'????
This guy lives in a mansion in D.C. and it appears that the collapse of the company he ran hasn't affected his lifestyle one bit. But I have just one question: If it took $200 billion to bail out Fannie and Freddie, where did they find the $43 million to pay HIM for his bonuses and stock options???
Story is
here.
Oh, and BTW, this guy just continued the same Ponzi scheme that Franklin Raines and James Johnson -- key members on Nobama's vaunted 'economic advisors' team -- played when they were CEO of Fannie Mae. And these other guys made more than Mudd did (and Johnson moved his traveling grifter show to Countrywide and simply carried on)...
Try not to let your head explode...;-))
Thanks for the info Bit, makes me want to drain the cesspoll in D.C.
Why isn’t all this information on the front of all newspapers across the country?