How did this Fannie Mae employee earn $90 million ?
did this guy drive Fannie Mae down to profit with $90 million ?
Franklin Raines ex CEO at Fannie Mae, who left the company $90 million richer.
According to the Washington Post in April, he was an ECONOMIC advisor to...Barack Obama.
He left in 2004 with the company embroiled in an accounting scandal just as it was beginning
to make big investments in subprime.
Read more:
http://www.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877335,00.html#ixzz0mavTpO9M
1 comment:
There's a world of difference between earning and receiving.
Post a Comment