Tuesday, November 17, 2015

[VIDEO] Freddie Mac CEO: Job is public service, pay cap is symbolic

After having his $3 million raise emphatically swatted out to half court by the House of Representatives on Monday evening, one might think that Freddie Mac CEO Donald Layton would be a little upset. But, in an interview with the Wall Street Journal, Layton said that he views the job as a “public service matter” and said the compensation wasn’t the “big attraction” to the job for him.

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