Freddie Mac Chairman and Chief Executive Richard Syron pocketed nearly $19.8 million in compensation last year, according to a Securities and Exchange Commission filing Friday, even though the mortgage company's stock lost half its value in 2007.No word yet from former Freddie Mac board member,Congressman Rahm Emanuel on this one.
If Mr. Syron stays at the helm of Freddie Mac through the end of next year, he will receive nearly $20 million in stock awards if the board says he has met certain goals.
Saturday, July 19, 2008
Freddie CEO gets a bundle in 2007
The Washington Times reports:
