Bonuses for Freddie and Fannie Fat Cats

Fannie Mae reported a loss of $58.7 billion for 2008 and has requested another $15.2 billion from the U.S. Treasury. Freddie Mac reported a loss of $50.1 billion for 2008, and has requested an additional $30.8 billion from the U.S. Treasury.

According to a report in USA Today, "In securities filings, Freddie said it will pay a retention award of $1.5 million to Executive Vice President Michael Perlman by March 2010. Perlman, whose base salary is $500,000, already collected $300,000 of his bonus. Interim CFO David Kellermann will get an $850,000 bonus, and Senior Vice President Michael May will get $700,000."

Top Two Recipients of Fannie Mae and Freddie Mac Campaign Contributions:

Christopher Dodd.....$165,400         
Barack Obama.........$126,349

Top Two Recipients of AIG Campaign Contributions:
Senate        Obama, Barack        $104,332
Senate        Dodd, Chris        $103,900