GSE Executives Left to Bail Out Without Parachutes

"The public and specifically the two companies' shareholders who have little hope of recouping any of their investment, were not happy when it was revealed last week that Daniel Mudd, former CEO and Richard Syron who had been removed from the same position with the seizure of Freddie Mac, would receive severance packages estimated at $6 to $8 million for Mudd, and Syron, through a clause added to his contract in July when a possible federal takeover was first discussed, might have received as much as $15 million."