Fannie Mae fires more than 100 employees for unethical conduct, including the facilitation of fraud

[Fla Dem]

8. That thought did occur to me that it was an investigation that was already underway.

However, how convenient that it came to fruition just as Mr. Pulte takes over the reins. Also, OVER 100 employees "engaging in unethical conduct, including facilitating fraud". I worked in a large organization. There were so many checks and balances that should have sent sirens going off if anything like that was happening. Plus those who were not involved would have been aware and reported it to management.

You may be absolutely correct but having worked in a very large financial institution for many years, something like that involving that many staff, with audits and reviews, just would not have happened. I have a hard time believing it happened at Fannie Mae with the timing of the announcement of the fraud at just the right time.