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Talking about excessive pay, what about the fact that Franklin Raines never had to give back any of his pay and bonus money in 2009 like nearly all other CEOs had to because of the 2008 collapse. Not only had Fannie Mae been one of the main contributors to the collapse but Franklin Raines had cooked the books there as CEO to make huge bonuses in the years leading up to the collapse.Democrats rallied to protect Raines from prosecution and safeguarded his savings, pay, bonuses, and retirement pay from being clawed back by lawyers representing incensed defrauded Americans. Democrats do know how to cover for the members of their extended crime family.
Talking about excessive pay, what about the fact that Franklin Raines never had to give back any of his pay and bonus money in 2009 like nearly all other CEOs had to because of the 2008 collapse. Not only had Fannie Mae been one of the main contributors to the collapse but Franklin Raines had cooked the books there as CEO to make huge bonuses in the years leading up to the collapse.
Democrats rallied to protect Raines from prosecution and safeguarded his savings, pay, bonuses, and retirement pay from being clawed back by lawyers representing incensed defrauded Americans. Democrats do know how to cover for the members of their extended crime family.
