Even though Mr. Raines was ousted over the accounting problems, he received a pension valued around $25 million, according to a Harvard study.
OFHEO brought administrative charges against former Freddie Mac chairman and chief executive Leland C. Brendsel in connection with a separate accounting scandal. Though the agency contended that Brendsel could have been held responsible for more than $1 billion of damages and fines, it settled with Brendsel last fall for $16.4 million.