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under the control of people making less than many 20-somethings in finance.
(sorry for the fox link; it was the first google result I found)
260k is the NKI
(sorry for the fox link; it was the first google result I found)
The House bill would suspend the 2011 pay packages for Fannie Mae and Freddie Mac executives. Instead, the FHFA would be required to come up with a compensation system for executives that is based on a government pay scale.
The committee adopted an amendment that would use the pay scale that applies to independent financial regulators, such as the Federal Deposit Insurance Corp, which allows for higher pay than at most federal agencies.
Rep. Al Green, who offered the amendment, said this would have the effect of limiting the highest salaries to about $260,000 per year.
The committee adopted an amendment that would use the pay scale that applies to independent financial regulators, such as the Federal Deposit Insurance Corp, which allows for higher pay than at most federal agencies.
Rep. Al Green, who offered the amendment, said this would have the effect of limiting the highest salaries to about $260,000 per year.
260k is the NKI
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