5 STARS for Barney Frank this week... no BONUSES for Fannie/Freddie!

[cwcwmack]

http://www.reuters.com/article/bondsNews/idUSN2049969120090320

He's REALLY been good the last few weeks... he inspires confidence that there's someone that really wants to fix the mess.

AND if you actually listen to him speak... he is VERY knowledgeable.

WASHINGTON, March 20 (Reuters) - A key U.S. House of Representatives committee chairman said on Friday that employee bonus programs at Fannie Mae and Freddie Mac should be halted, while the regulator who oversees the two government-controlled housing finance companies defended the programs.

[pinto]

1. I'll second that. He's knows the territory and has been consistent on resolving all of this.

His occasional zingers are a bonus.

[xchrom]

2. recommend -- barney rocks!

[soothsayer]

3. those are retention bonuses being paid in 4 installments to the officers

and 3 to everyone else who got one. 1 installment has already been paid, and the 2nd is on its way pretty soon I think.