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Start Over
Coming Home to Roost.
- Source :
-
New York Times . 8/29/2008, Vol. 157 Issue 54417, p1. 0p. - Publication Year :
- 2008
-
Abstract
- Fannie Mae's workers had $116 million in the employee stock ownership plan at the end of 2006. Today, it's more like $17.5 million. Ouch. The employees of Fannie Mae, and those of its counterpart Freddie Mac, are reeling from financial blows themselves as the mortgage finance companies lurch toward what could be a government bailout. Both firms ladled out hefty servings of stocks and options to reward and compensate employees -- making them popular employers for years. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *EMPLOYEE ownership
*EMPLOYEES
*GOVERNMENT policy
*MORTGAGE loans
*AWARDS
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 157
- Issue :
- 54417
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 34050614