Opinion

CEO pay isn't just private sector issue

Posted December 28, 2009 10:00 pm

Obama has criticized Wall Street and American banks for excessive pay for their executives, but on page 5 of the Christmas edition of the Daily Herald is a small AP article reporting that the CEOs of Fanny Mae and Freddie Mac will likely get as much as $6 million in pay for 2009.

Their pay packages were approved by Obama's administration.

Mr. President, this is not leading by example!

Robert Schultz

Palatine

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