To prohibit any golden parachute payment for executives and directors of Fannie Mae and Freddie Mac unless specifically authorized by law.
All Bonuses Left Behind Act of 2008 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to prohibit a golden parachute payment or indemnification payment to any executive officer or member of the board of directors of the Federal National Mortgage Association (Fannie Mae) or of the Federal Home Loan Mortgage Corporation (Freddie Mac), except pursuant to federal law that specifically: (1) names the individual to whom the payment is to be made; and (2) identifies the payment or payments.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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