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Fannie Mae CEO defends retention bonuses (AP)

Started by riky, March 20, 2009, 07:02:12 PM

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riky

Fannie Mae CEO defends retention bonuses
    (AP)

 



AP - Mortgage giant Fannie Mae's chief executive warned Friday that canceling bonuses for workers at institutions receiving federal bailout money could undermine efforts to stabilize the U.S. housing market.


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