Isn't this cute... Fannie Mae
fat cats execs took a $6000 golf trip in Texas after being seized by the government.
The only thing those greedy arrogant fvckers "regret" is that their little taxpayer-funded junket was found out and made public.
I work with these financial people every day (my company makes financial software). I don't like the vast majority of them. They're rude, arrogant and obnoxious and this kind of behavior (you can be sure this isn't an isolated incident) does not surprise me in the least.
But hey... on the bright side, our financial ratings software business has gone up since the financial crisis started.
Mortgage finance company Fannie Mae acknowledged Tuesday that it spent more than $6,000 on a golf outing after it was seized by the government earlier this year, but said it is halting similar company-sponsored events.
Dallas-Fort Worth area television station KTVT reported Monday night that Fannie paid for 20 golfers, including several company executives, to attend a Sept. 29 golf excursion in Texas. Fannie Mae, which did not dispute the report, described the event as a mortgage industry customer meeting held twice annually.
"We do regret that the activities surrounding the customer meetings in Dallas may be perceived as excessive," company spokesman Brian Faith said in an e-mail message. "We have ceased all similar activities as those associated with this event, and we regret having not done so in this case."
http://www.businessweek.com/ap/financialnews/D948A8100.htm
