Fannie Mae Gives 100 Bureaucrats the Boot – IOTW Report

Fannie Mae Gives 100 Bureaucrats the Boot

CTH

The Federal Housing and Finance Agency has released a public statement highlighting an internal review and investigation of conduct within Fannie Mae that has resulted in the termination of over 100 employees for “unethical conduct” including the “facilitation of fraud.”

If the FHMA is finding intentional fraud within the housing loan offices, those federal employees should be arrested and legally prosecuted for their conduct.  It is not enough to just fire people, there has to be legal accountability.  These are the government regulators for Fannie Mae and Freddie Mac. More

9 Comments on Fannie Mae Gives 100 Bureaucrats the Boot

  1. Name just one private enterprise in which these financial crimes could go on and the harshest penalty is firing? Just one.

    Until there are prosecutions, people are found guilty and go to prison, the DoJ is just another tax-paid shell game.

    Ok, great, all these law enforcement agencies are busy congratulating themselves with showy press conferences with bales of drugs and aliens in chains boarding airplanes. I suppose we should just be grateful they’re doing SOMETHING!

    Does anyone else notice that EVERYBODY involved in an operation has taken the entire day off to show up for these things? And there’s Pam Bondi thanking each one them, individually, by name. I feel like I’m sitting in a dark theater watching ALL of the end credits, even down to the production’s accountant! Why can’t they just do their jobs and give us a one-person report back at the WH press room? It’s all so frustrating. Why does Bondi — and lately, Patel — have to personally oversee these “attaboy” spectaculars? And what about Noem and her “DHS Barbie” escapades? Doesn’t anyone realize that as cabinet secretary, she’s beginning to embarrass the gravity of her office? Not only that, but it would be a real bummer if Trump had to replace her after a bad guy does something no one thought possible.

    I think a lot of people are taking advantage of their relationship with Trump and, more importantly, they’re standing on the very last nerve of every American who has not had the good fortune to live in the political or financial bubble they’ve enjoyed.

    Rant off.

    P.S. We’ve only got 2 years (for sure) to get this right.

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  2. Lady’s I think you need to sit tight for at least a year. Here’s why I feel so. There should not be a doubt in anybodies mind Trumps after some prosecutions. They offered us proof about two weeks ago. Remember the high ranking FBI agent that was leaving the country and the DOJ arrested him at the airport. The moron forces their hand. They were not ready to arrest this guy yet. But obviously they felt they had enough on him to arrest him. Trump’s lining up a bunch of dominoes and when they start falling it will be epic. So just imagine how bad it would be if the first couple dominoes refused to fall due to poor evidence or activist judges. Make that two years. I’m patient.

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