Fannie and Freddie's CEOs Score Big Paydays, and Pay Czar Can't Interfere

Updated

It's OK for executives at firms like Goldman Sachs (GS) to be paid well, at least according to the government. Taxpayers, the Obama administration, and congressmen may object to the rich compensation doled out by some investment banks, but those firms that have paid back their TARP funds are no longer restricted by caps on bonus and base salary packages.

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