Taxpayers Picked Up Tab For Texas Golf Outing
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Taxpayers Picked Up Tab For Texas Golf Outing
Three weeks after the government bailed out mortgage giant Fannie Mae, taxpayers picked up the tab for a $6,2000 golf outing in Texas that included 14 Fannie Mae executives.
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(November 4, 2008)--Taxpayers picked up the $6,200 tab for a golf outing in Texas that included at least 14 executives from Fannie Mae just 22 days after the government bailed the troubled mortgage giant.

A spokeswoman for Fannie Mae says the golf outing was part of a customer advisory board meeting that had been scheduled in January and all activities such as this have since been canceled.

The 14 listed on the tee sheet included three Fannie Mae executives from Dallas, two from Chicago and one from Washington, D.C.

The station reports the outing at the Cowboys Golf Course in Grapevine cost $6,279.26 and Fannie Mae paid for 20 golfers.

Taxpayers also paid for towel service, a $1,700 buffet and a $555 bar tab.

U.S. Rep. Jeb Hensarling, who serves on the committee that oversees Fannie Mae, said, "I am outraged by this."



Latest Comments

Posted by: anonymous Location: Austin on Nov 5, 2008 at 08:21 PM

What needs to change is companies need to share the profit they make with the employees who help cause them to make a big profit, not give it to a CEO. Instead of taxing small businesses to give to those who don't pay any tax, give that money to the people who work for the company. That would create a great working environment and give workers a reason to be there everyday and work hard other than just their paycheck. Called motivation. And it does appear a lot of people's checkbooks got fat at taxpayers expense and one of them Obama. I didn't vote for him.
[ Report Abuse ]
Posted by: DJ Location: Robinson on Nov 5, 2008 at 05:53 PM

Nobody asked us to help pay this bill or even get an invite. Wish they would just stop taking our money out of our pockets to cover their tabs. UNFAIR!
[ Report Abuse ]
Posted by: UKNOW Location: HERE on Nov 5, 2008 at 03:43 PM

WHY DIDNT I GET A CALL TO PLAY? HEY I PAID FOR SOME OF THAT - LEAST I COULD DO WAS GET SOME TOO .... LEAST THE BAR TAB WOULD HAVE REACHED 1K IF I WAS THERE ,..... UNOMASCERVASE'
[ Report Abuse ]
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