Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) received the biggest federal bailout of the...

|About: Freddie Mac (FMCC)|By:, SA News Editor

Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) received the biggest federal bailout of the financial crisis - and $95M of those tax dollars went to lucrative pay packages for top executives. The top five execs at Fannie received $33.3M in 2009-10, Freddie's top five got $28.1M, and each company has set pay targets of as much as $17M for its top managers for 2011.