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Freddie CEO Leaving Company: To Get $3.9 Million For Receiving $14.5 Billion In Bailout Cash Over His Tenure

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Wed, 10/26/2011 - 16:02 | 1814024 malikai
malikai's picture

But it would have been worse without him!


Wed, 10/26/2011 - 16:04 | 1814034 Bazinga
Bazinga's picture

I bet it will continue to get worse without him too.

Wed, 10/26/2011 - 16:10 | 1814063 redpill
redpill's picture

What a prickface leech.

Wed, 10/26/2011 - 16:24 | 1814108 digitalhermit
digitalhermit's picture

Might be a wise idea for this guy to purchase a substantial life insurance policy. Getting dangerous out there for CEOs of the TBTF.

Wed, 10/26/2011 - 16:35 | 1814140 hedgeless_horseman
hedgeless_horseman's picture

Next time you run into Ed, or his wife Barbara, at the grocery store make sure to say hello, and thank him for all the hard work.

Wed, 10/26/2011 - 16:36 | 1814148 rocker
rocker's picture

But you must pitty him.  Lloyd Blankfein got 100 Million on his bailout. 

Even WFC got more.

Wed, 10/26/2011 - 16:59 | 1814207 AldousHuxley
Wed, 10/26/2011 - 17:49 | 1814311 Pool Shark
Pool Shark's picture



$3.9 million to lose $14.5 billion???!!!

For a mere $7.8 million, I'd guarantee to lose twice that much!

Wed, 10/26/2011 - 18:49 | 1814552 Rainman
Rainman's picture

....outfukkinstanding idea ...you are now qualified to be a kleptocrat. Congrats !!

Wed, 10/26/2011 - 17:49 | 1814325 caconhma
caconhma's picture

Freddie Mac CEO Ed Haldeman got $4M last year. I am surprised he did not get at least $50M.

Since the FED are printing US$$ out of thin air, there is no limit how much they can print to reward their loyal employees and "associates" as well as their masters.


Wed, 10/26/2011 - 17:17 | 1814208 hedgeless_horseman
hedgeless_horseman's picture



He and his wife Barbara, both Harvard Law alumni, have donated millions of dollars ...a $10 million gift was made to open the Haldeman Center, home to the John Sloan Dickey Center for International Understanding, the Fannie and Alan Leslie Center for the Humanities, and the Ethics Institute.

Love the Ivy League, where they teach it is ethical to accept $3,900,000 of tax dollars for 24 months ($162,000 each month) for laundering $14,000,000,000 in bailouts.


Wed, 10/26/2011 - 17:27 | 1814284 redpill
redpill's picture

Hey #OWS, pay attention!  These are the sorts of things the government would use your "Robin Hood" taxes for!

Wed, 10/26/2011 - 17:33 | 1814297 Enkidu
Enkidu's picture

Right - and I say a guy who can bring in $14,500,000,000 during his day job, damn well deserves $3,600,000... damn right...

Wed, 10/26/2011 - 16:38 | 1814158 karzai_luver
karzai_luver's picture

Ugh , NO.


Get on your knees and wash his feet and then offer him a bj.


All of Amerikans are lucky that those doing GODS WORK have been gifted to this country.


You can't expect the special expertise and knowledge to come free afterall they are a shining eample to the yuths of Amerika.


Hail the Mighty CEO!




Wed, 10/26/2011 - 16:42 | 1814173 digitalhermit
digitalhermit's picture

FYI - I just tried to post a link to this specific article on facebook and it was blocked. Interested to know if anyone else is experiencing censorship of zerohedge links on facebook? I haven't had a problem with that before today.

Wed, 10/26/2011 - 17:45 | 1814319 AldousHuxley
AldousHuxley's picture

facebook = best tool for police state

Why do you think Obama had a dinner with Zuckerburg?


better than any spying tool FBI/CIA could have created!

Wed, 10/26/2011 - 21:43 | 1815295 UP Forester
UP Forester's picture

Uh, In-Q-Tel execs were involved in "the Zuck"'s second VC injection....

Wed, 10/26/2011 - 16:48 | 1814185 LeonardoFibonacci
LeonardoFibonacci's picture

Is he a jew?

Wed, 10/26/2011 - 17:00 | 1814212 Caviar Emptor
Caviar Emptor's picture

Nope. Some people believe whatever they want to believe

Wed, 10/26/2011 - 17:44 | 1814318 Pool Shark
Pool Shark's picture



Hate to burst your bubble,

There are plenty of gentile crooks too...


Wed, 10/26/2011 - 17:03 | 1814198 bob_dabolina
bob_dabolina's picture

Oh please...no picture of the nigger that ran Fannie Mae into the ground (Franklin Raines)? 

He gets a "nigger pass" Same as Maxine Waters, Stan Oneal,  and Charlie Rangel. 

And people wonder why this country is shit...


Wed, 10/26/2011 - 17:40 | 1814295 Libertarians fo...
Libertarians for Prosperity's picture



Another despicable, right-wing SUPER PIG.

It's amazing that darwinism hasn't purged lower brain-stem filth like yourself.  Maybe it has something to do with cockroaches being able to survive nuclear blasts. 

Got a strong shell?


Wed, 10/26/2011 - 17:16 | 1814252 The Big Ching-aso
The Big Ching-aso's picture

You know it's this kind of shit that makes people turn to a life of crime.   Then when they leave they just submit their resume for a different job on Wall Street.


Wed, 10/26/2011 - 16:16 | 1814084 HelluvaEngineer
HelluvaEngineer's picture

I think OWS needs to have a BBQ on his front lawn

Wed, 10/26/2011 - 16:36 | 1814147 peekcrackers
peekcrackers's picture

I think OWS needs to make his front lawn they'er port-a-poty

Wed, 10/26/2011 - 16:38 | 1814156 Mae Kadoodie
Mae Kadoodie's picture

Never mind BBQ.  I say string the bastard up on his front lawn.

Wed, 10/26/2011 - 16:51 | 1814176 tamboo
tamboo's picture

jew ows meet jew haldeman:


"You say that Marxism is the very antithesis of capitalism, which is equally sacred to us [Illuminati Jewish bankers.] It is precisely for this reason that they are direct opposites to one another, that they put into our hands the two poles of this planet and allow us to be its axis. These two contraries, like Bolshevism and ourselves, find their identity in the International." [Presumably, he means the Comintern.] "(1)


Wed, 10/26/2011 - 16:23 | 1814110 NotApplicable
NotApplicable's picture

While that image is a goof, I actually read one of the 99% stories where a woman was something like $80K in debt for a minority women's studies degree. Then she had the gall to blame fedgov for not providing her with a job!

My response? Stupid should hurt.

Wed, 10/26/2011 - 16:40 | 1814167 karzai_luver
karzai_luver's picture


the proportion of hurt dished to the robbers and criminal stooopids in the corner office seems missing in action.



Wed, 10/26/2011 - 16:40 | 1814168 centerline
centerline's picture

There is a whole lot of stupid that should have hurt that hasn't.  For a long time now.  More fuel on the fire.

Thu, 10/27/2011 - 03:04 | 1816238 Hephasteus
Hephasteus's picture

But I need people studying minority women. Call it my wishlist call it my need to know. Call it whatever you like. But studying shit is important.

Wed, 10/26/2011 - 16:25 | 1814116 TruthInSunshine
TruthInSunshine's picture

But it would have been worse without him!



He saved and/or created millions of homes from foreclosure and/or short sales, allegedly, based on some truly shoddy statistical model that I just shat from my ass.



Wed, 10/26/2011 - 17:08 | 1814237 Ruffcut
Ruffcut's picture

And many people that know I trade for a living, wonder I get so animated and upset with this type of bullshit.

Mother Fucking fighting words. Fuck it, this is not doom and gloom, but very serious felony assault on the country.

"hang em from the highest tree..... baby what that would do for me.."

Wed, 10/26/2011 - 17:12 | 1814242 The Big Ching-aso
The Big Ching-aso's picture

"Winning by fucking up!!!"

Wed, 10/26/2011 - 21:47 | 1815319 UP Forester
UP Forester's picture

Samee-same all gov't jobs. Just think OK City (Holder), Fast-n-Felonious (all in DC now), the Navy sub captain that sunk the Ehina Maru, et al.

Wed, 10/26/2011 - 18:48 | 1814547 Rearranging Dec...
Rearranging Deckchairs's picture

reminds me of the posting for a gay asian female study I saw while walking around Columbia Univ this summer.


Ahh the liberal arts. Should tax dollars really subsidize loans for these things?

Wed, 10/26/2011 - 16:04 | 1814027 GeneMarchbanks
GeneMarchbanks's picture

Nice to know I contributed to his parachute.

Wed, 10/26/2011 - 16:04 | 1814028 RobotTrader
RobotTrader's picture

Yep, PigMen CEO's always walk away with millions.

No matter how dire the company's finances.

They are on the "inside".

The Anarchists are always on the outside looking in, throwing sticks and stones to no avail.

Wed, 10/26/2011 - 16:06 | 1814040 Dr. No
Dr. No's picture

Not a bad post.  A good post from Robo got me nostalgic.  What ever happened to the Robo babe posts?

Wed, 10/26/2011 - 16:10 | 1814064 Mark123
Mark123's picture

It's not Robo any more....it's his mom.  She said he couldn't use the computer till he cleaned up his room.

Wed, 10/26/2011 - 16:17 | 1814087 Dr. No
Dr. No's picture

Your kidding.  RobotTrader is not RoboTrader?  I figured his account got hacked and opened a new one.  The tone and content of the messages were pretty consitent so I didnt think RobotTrader was a knock off.  Come to think about it, Ive never seen RobotTrader post a pic of some Hampton's super babe.

Wed, 10/26/2011 - 16:31 | 1814135 HarryWanqer
HarryWanqer's picture

I don't know about Robo, but my account got hacked.

Wed, 10/26/2011 - 16:25 | 1814119 legal eagle
legal eagle's picture

Someone has to steer the sinking ship so it doesnt cause more damage on the way down.   Insolvent bankrupt companies need managers too....

Wed, 10/26/2011 - 16:45 | 1814177 karzai_luver
karzai_luver's picture

yeah, but you really should hire a different captain that hasn't sunk millions before or is in league with the deep sixers this time around.


Stupid is as stupid does over and over and over.


Any monkey off the strret with a suit and tie could perform as well.

Some have been there and seen the outright corrupt and stupid that get hired.





Wed, 10/26/2011 - 16:47 | 1814181 centerline
centerline's picture

The reality is that this is true.  What is missing though is a sense of honor and duty.  Everything has a price now.  Compensation for "controlling the crash" needs to be handled more delicately in this envrionment.  Unfortunately, the Titanic here is nowhere near the bottom.

Wed, 10/26/2011 - 16:27 | 1814124 lieutenantjohnchard
lieutenantjohnchard's picture

robottrader: the seeking alpha anti-pigman.

see nflx, tzoo and zlc.

Wed, 10/26/2011 - 16:04 | 1814029 Withdrawn Sanction
Withdrawn Sanction's picture

Get out while the getting's good.

The rats-leaving-a-sinking-ship metaphor seems apt

Wed, 10/26/2011 - 16:25 | 1814041 Vuvuzela
Vuvuzela's picture

you should pay attention to the ceo names

90% come from the same tent and they all descendents of King Bulan

so then dont get suprised they ruin all around them , anythink they touch gets destroyed, and for that they will get a fat bonus

Serious, wake up

PS we have a word in Romanian BULANgiu that can be applied with 100% accuracy to those King Bulan descendents and parasites.

and that means

bulangiu m. (plural bulangii)

  1. (pejorative) faggot
  2. (pejorative) jackass
Wed, 10/26/2011 - 16:38 | 1814155 smlaz
smlaz's picture

You anti-Semitic fuck.  Better stay in Romania.  That Tent will kick your ass.  Yeah, look at the CEOs.  You're out of your mind.  Do some real research, don't give me your racist generalization bullshit.  ASSHOLE...

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