Multi-million dollar severance payments for the executives who helped steer these institutions into the current crisis situation would violate the spirit of the authority granted by Congress to the Treasury Department and would violate the public's trust.
Statement from Senator Obama commending federal regulators on blocking golden parachutes for Fannie Mae and Freddie Mac CEOs
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The essence of Prop. 50 is to say that if you are going to play that game, then we are going to try to counteract that abuse of the system.
While we are non-partisan, we are not value-neutral. We have a point of view.
Every president here today, as different as we are, has tried our best to uphold the values that John McCain and Mitt Romney believed in no less than I did.
it was nevertheless important that we all play a part in assuring that our elected officials are accountable.
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