In yet another example of incompetency by the White House, and in the middle of one of the biggest meltdowns of the US financial industry, we have gargantuan salaries for the former CEOs of Freddie and Fannie.

Worth More Dead than Alive
In 2007, pulling in “a $1.2 million salary, a $3.45 million bonus, including $1.25 million to remain at the company, and $771,585 in other compensation” the CEO of Freddie Mac Richard Syron was in a better position if his company went under than if he stayed around.
This isn’t including the …

Entrepreneurs are constantly looking for opportunities to start up a new business and contrary to what you might think, mortgage crises like were experiencing now are the best times to form a startup.

The housing bill on the table in the House and Senate will be bailing out the Fannies and Freddies and giving local governments $500 billion to restore and refurbish foreclosed homes.
Tis a Beautiful Time for a Startup Company
Besides the great opportunity in the mortgage market, this is an even better time to look at starting a business in …