From Newsmax:

As the nation's thoughts turned to eggnog and gift-giving on Christmas Eve, the news hit: "Fannie Mae, Freddie Mac executive compensation significantly reduced."

Better yet, the government said the pay would be more aligned with "taxpayer interests."

All this sounded like a reason for some holiday cheer. One might expect the government to keep pay under tight control at the mortgage giants, which have taken $111 billion in taxpayer money over the last year and just got a blank check for more.

Instead, the taxpayer got scrooged...

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More on Fannie and Freddie:

OBAMA! removing $400 billion cap to Fannie and Freddie

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MUST read piece: Meet the next Fannie Mae and Freddie Mac