And they had to take $15 billion in federal bailout money. Many believe that will grow.
Now, who would have approved these bonus plans at Fannie and Freddie?
That would be the Federal Housing Finance Agency.
I really wouldn't want to be one of the chieftains over there, especially as they watch members of Congress burn the AIG CEO at the stake on Wednesday.
And I'm sure, there are lots more stories just like these, from companies that are taking federal bailout money.
That's some sweet money. But it will sure create some public heartburn.