Page 48 - 140 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Certainly a friend of many. anyway, brit, thank you. >> thank you, greta. >> now it's time for you to get out your wallets. remember fannie ma fannie mae ae mac? you bailed them out to the tune of $140 billion. they last week asked for a bit more. they want $6 billion more. that's not all. they're asking you for a little preholiday spirit. the executives are asking for a $13 million bonuses not for the fannie mae or freddie mac, they want them for themselves. are you in the mood to pay it. senator john thune is not in the mood to pay it. where is your holiday cheer? >> my holiday cheer isn't i...

And that's how they made such a huge return. >> you know what they would tell you? they would say, listen, you just got on us for lending out money to people that are unqualified so we decided to crack down on the qualification portion of it and you say you have to loosen up a little bit with your money and remember jack sat on that chair and said the worst thing you can do is tell banks what to do with the money when we're talking about tarp. you can understand both sides of the story. the government told them to give those low interest loans to people that were unqualified and it got us into...

Certainly a friend of many. anyway, brit, thank you. >> thank you, greta. >> now it's time for you to get out your wallets. remember fannie ma fannie mae ae mac? you bailed them out to the tune of $140 billion. they last week asked for a bit more. they want $6 billion more. that's not all. they're asking you for a little preholiday spirit. the executives are asking for a $13 million bonuses not for the fannie mae or freddie mac, they want them for themselves. are you in the mood to pay it. senator john thune is not in the mood to pay it. where is your holiday cheer? >> my holiday cheer isn't i...

60 people will sign, i would have written it a little harsher myself. they called it wildly imprudent. we talked about coming back and creating a compensation structure that is really more consistent with the public mission. freddie mac and fannie mae, although they're not officially debt of the federal government, they're off balance sheet debt, and of course, we've seen the taxpayers have had to pail them out to the tune of over $140 billion so far. this is to me, it is i think most people would find it outrageous and i think it's something that needs to be addressed and dealt with, and i th...

Governor receiver ship like fanny and fran any, two who contributed so hugely to the meltdown, far more than wall street did, and wall street paid back with a profit and these guys are still $140 billion or $120 billion in the hole or something like that and then to pay them bonuses for basically running something this is a dead man walking that needs to be put out of business is kind of in four -- infuriating. >> let me say aim going to contain myself because it is so appalling after everything, after $170 billion bailout. let me move on to another bigger crisis, the worldwide one. greece is ...