Only in America! Not only did taxpayers bail out Fannie and Freddie and overpay (still overpaying) the executives, but we’re also paying their legal bills.
Kinda like paying the Captain of the Titantic an overly generous salary for ramming the iceberg, rescuing him from certain death, then paying his legal bills after the families of the dead filed criminal & civil charges against him.
Source & Credit
Gretchen Morgenson
New York Times
Mortgage Giants Leave Legal Bills to the Taxpayers