Bank Bailout, Federal Regulator | featured news

Report Cites Fannie, Freddie Executive Pay

A federal watchdog criticized federal regulators' oversight of executive pay packages for top officials at Fannie Mae and Freddie Mac in a report published Thursday. The top six executives at the mortgage giants earned $35 million in the last two years, according to the report from the inspector general of the Federal Housing Finance Agency, which regulates the mortgage giants.

 

NY Fed 'paid AIG banks too much'

NY Fed 'paid AIG banks too much'

Federal regulators involved in the rescue of insurer AIG may have overpaid other banks when cutting a deal, a report says.

 

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