Obama plays Santa not just for insurance co and Big Pharma CEO's, but also for Fannie/Freddie execs

[brentspeak]

Though it's just a coincidence Timothy Geithner resembles a tall elf:

http://online.wsj.com/article/SB126161634214403629.html

Fannie, Freddie Executives Get Big Payday

Source: Wall Street Journal

The top regulator for Fannie Mae and Freddie Mac is expected to announce millions of dollars in pay packages for top executives at the government-run mortgage-finance titans, people familiar with the matter said.

The Federal Housing Finance Agency approved compensation plans for Fannie Chief Executive Michael Williams and Freddie CEO Charles Haldeman Jr. Those packages are expected to be in a range of $4 million to $6 million, people familiar with the matter said. The companies are expected to spell out pay details for their top executives in securities filings Thursday morning.

The Christmas Eve announcement is likely to provoke a fresh round of controversy concerning the federal government's role in propping up the two companies. Taxpayers have pumped more than $100 billion of capital into both firms to keep them from collapsing amid huge losses stemming from falling home prices and mortgage defaults.

Representatives of both Fannie and Freddie declined to comment Wednesday evening.

[INdemo]

1. Change? this administration is looking more like the Geo Bush

administration than the Geo Bush administration..All Obama needs to do is appoint Karl Rove to some position and I expect he will do that soon..
Why would the Republicans want to challenge this guy in 2012 when they already have the best Republican they could find.

[donco6]

2. What? They've just been very, very, doubleplusgood this year!

Don't be a scrooge.

[msongs]

3. Obama's phony excuses to block drug importation are to protect big Pharma ->

if we could import under-patent expensive drugs for less it would cut his corporate pharma buddies' profits so they claim importation is dangerous and unsafe.

Meanwhile...generic drugs with expired patents don't create huge profits so importing them is OK.

Just got some generic Claritin for half the official Claritin price. Imported from INDIA.

so importing drugs is unsafe is a big POS fraud and scare tactic to protect high price patented meds.

[Raine]

4. Surprise, surprise

NOT. :-(