| Notes |
From Chicago Magazine article on Bill Daley:
President Clinton quickly invited Daley to Washington to play golf and to bestow on him a lovely consolation prize, a seat on the Fannie Mae board—Jim Johnson was then chairman—from which Daley profited handsomely: In addition to a salary and fees, he received stocks and stock options, a package that climbed in value to an estimated $215,000 to $500,000 by the time he left the board in 1997. Daley also successfully approached executives at the government-financed mortgage giant about sending some of its securities work to Mayer, Brown, where he had returned early in 1993 as a partner. |