Jay Hancock's blog: Obama: Shrink parting gifts for Fannie/Freddie CEOs - Business news: Stock markets, banks and economic observations with columnist Jay Hancock

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September 10, 2008

Obama: Shrink parting gifts for Fannie/Freddie CEOs

Senator Barack Obama and two other prominent Democrats urged federal housing regulators on Tuesday to cut the golden parachutes of the ousted leaders of Fannie Mae and Freddie Mac, another sign that the government bailout of those mortgage giants could reverberate through the presidential campaign.

Posted by Jay Hancock at 1:33 PM | Permalink | Comments (1)

Comments

Whew, that's going out on limb. Being against golden parachutes for CEOs? That's almost as gutsy as being against Cancer or landmines.

Posted by: Sparky | September 10, 2008 2:06 PM

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter