Conservatorship

Brouhaha Over GSE Bonuses Gains Steam 

A disclosure from Federal Housing Financy Agency director James Lockhart over bonuses set to be paid at twin mortgage finance giants Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] may be set to become the next center of investor ire over a widening government bailout, with the Wall Street Journal reporting Friday morning that the GSEs will pay $210 million in retention bonuses to employees.