Fannie Mae is a company that experienced some adverse affects from the crash in the residential housing market, losing $1.4 billion in he third quarter alone. Regardless, the largest U.S. mortgage finance company announced its board's approval of President and Chief Executive Daniel Mudd's compensation package for 2007 that amounts to $12.2 million - a raise over his compensation in 2006 of $11.3 million. Shareholders also suffered from a dividend cut of 30 percent along with the sale of $7 billion in additional securites that will dilute ownership over time. Many are wondering how exactly the executive was able to make more in such a troubled environment as it did during the housing bubble of 2006... who knows.