Rep. Frank: Bonuses "Too High" for Fannie, Freddie CEOs

January 14, 2010 - 5:37 PM
Rep. Barney Frank (D-Mass.) said the $900,000 base salaries, $3.1 million deferred payments, and $2 million in bonuses for CEOs of the failed mortgage giants Fannie Mae and Freddie Mac were "too high."