Michael Panzner at Financial Armageddon always reports negative news on this blog. He is the Joe Btfsplk of the blogosphere. But he is mostly right which is why I like his stuff. Several days ago he published this piece entitled, “Still Running” which is a tally of what the various federal bailouts have cost us.
Fannie and Freddie are on the hook to American taxpayers for $169 billion.
Fannie, Freddie Execs Paid $35.4 million 2009, 2010*
Fannie Mae CEO Michael Williams and Freddie Mac CEO Charles “Ed” Haldeman agreed to face lawmakers Wednesday over bonuses they and their top executives were paid to manage the mortgage giants.
Last week, [...]