CEO Pay: Worthless Checks

Executives booted from Fannie Mae and Freddie Mac will pick up nice checks on the way out. Dan Mudd gets $9.3 million and Richard Syron walks away with $14.1 million, according to analyst Henry Blodget.

"The severance money comes right out of the pockets of taxpayers, who didn't agree to the severance deals and aren't ponying up to save the companies because they want to," Blodget writes.

Read the full story in the Seattle Post-Intelligencer.

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