(Reuters) - WASHINGTON, July 3 - Former Fannie Mae top
executives Franklin Raines and Timothy Howard are set to
receive bonus payouts under the mortgage finance company's
recently announced compensation plan, sources familiar with the
deal said on Tuesday.
Raines, the former CEO, and former chief financial officer
Howard, who resigned in December 2004 as an accounting scandal
was breaking, are eligible for bonuses under a long-term
incentive program, the sources said.
Read more at Reuters.com Bonds News
executives Franklin Raines and Timothy Howard are set to
receive bonus payouts under the mortgage finance company's
recently announced compensation plan, sources familiar with the
deal said on Tuesday.
Raines, the former CEO, and former chief financial officer
Howard, who resigned in December 2004 as an accounting scandal
was breaking, are eligible for bonuses under a long-term
incentive program, the sources said.
Read more at Reuters.com Bonds News
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