The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)
The Stoop (NYU Furman Center)
MARCH 4, 2024
In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1 The new system includes no stock options or large bonuses for the CEO, and the compensation level of their executives is somewhere between a pure private sector company and a government agency.
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