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: Instapundit.comTAXPAYERS PICKING UP Fannie and Freddie Execs? Legal Fees. ?Since the government took over Fannie M?
By Glenn Reynolds
TAXPAYERS PICKING UP Fannie and Freddie Execs’ Legal Fees. “Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and their former top executives in civil lawsuits accusing them of fraud. The cost was a closely guarded secret until last week, when the companies and their regulator produced an accounting at the request of Congress.”
Full post as published by Instapundit.com on January 25, 2011 (boomark / email).
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