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  "documentTitle": "Fannie Mae & Freddie Mac (FNMA/FMCC)",
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  "authorName": "William Ackman",
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  "presentationDate": "2025-01-16 00:00:00",
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      "text": "Salaries based on prevailing market rates\nBonuses in the form of restricted stock with long-term vesting\nCompensation targets emphasize capital strength and operational risk management and controls, in addition to standard financial targets\nCurrent pay limits lead to high leadership turnover, with Fannie averaging a new CEO every three years and Freddie every two years since conservatorship began in September 2008",
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