Annaly (NLY) CEO Mike Farrell's $35M in pay last year more than doubled the average of the...

|About: Annaly Capital Managemen... (NLY)|By:, SA News Editor

Annaly (NLY) CEO Mike Farrell's $35M in pay last year more than doubled the average of the chiefs of the six largest U.S. banks as mortgage REITs continue to attract investor money. The business model - borrow short, lever up, lend long - is criticized by some for posing systemic risk, but the returns (thus far) speak for themselves. Put this chart up against the TBTFs.