Freddie Mac's new chief to get $900,000 salary - Sep. 23, 2008: "WASHINGTON (AP) -- Mortgage finance company Freddie Mac says its new chief executive is earning a base salary of $900,000 a year, a 25% pay cut from his predecessor who also received sizable bonuses and stock options."
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Nice to see all this belt-tightening at Freddie Mac, now that we the taxpayers have taken it over and all. A mere 900K for the base salary, while his full salary package is being determined, mind you. This is just to tide him over. Isn't that special?
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