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Hound, lo and behold, guess who else has retention bonuses negotiated into their operational guidelines? None other than Freddie Mac!! Senior and Exec VP's get their bonus payouts in 4 installments with only the last payout having any connection to performance. Shocked you say? Guess who negotiated all of this. I'm sure we'll hear 'ol Bawney Fwank complaining about these bonus payments as loudly as he has about AIG. But then again, maybe his man friend was a recipient?
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