Fannie, Freddie CEOs hanging in

fannie_freddieI was glad to see (per ABC News) that Daniel Mudd and Richard Syron (CEOs of Fannie Mae and Freddie Mac, respectively) are able to weather the mortgage crisis that has, effectively, forced their companies to ask for a government bailout.

Daniel Mudd, the CEO of Fannie Mae, received $11.6 million in salary, stock and other compensation for 2007. Richard Syron, CEO of Freddie Mac, took home about $18.3 million last year.

These guys have a lot to worry about these days, and I prefer that they concentrate on running their companies, rather than worrying where their next meal is coming from.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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