Did you get a raise this year? If so, was it to $4 million? OK, perhaps that’s not really a reasonable question, as perhaps you’re not the CEO of a major corporation. Still, Fannie Mae and Freddie Mac CEOs just got raises to approximately $4 million per year each. Previously (since 2012), their pay had been capped at $600,000 per year as the companies came out of conservatorship. Now that the market has recovered, and the two companies are once again quite profitable, the restrictions have been lifted. For what it’s worth, the compensation is approximately what the previous CEOs were making in 2011, so it’s kind of like not getting a raise in 4 years.

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Jim Crowder

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