This is where the real corruption lies at Fannie Mae. I was in a department where most of the people were management level or above. A department with 30 plus managers 5 plus directors and very little worker bees. Management level and above had a country club mentality where they all protected each other. If they truly want reform at Fannie Mae that is who they should get rid of. A department usually needs 1 director not multiple directors.
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I see people who do not even have managerial skills and have been promoted to manager positions from a lead associate. They don’t even look for a PMP-certified person before promoting to manager. There are so many leads from different small teams just doing the politics, and keeping the contractor of their choice means their lunch partner and all of their choice. Monday's layoff is just one example. They even assign good work to those guys and randomly give the rest to rest of the team member. These guys should value their technical skills without getting into regional politics. If you are lead your responsibility is to educate and treat all the team member equally but here these guys are busy in their regional zone even they communicate in their regional language in office.
Nope not enough, still too many at management level still around. And they just do what they think will keep their job, nothing creative or different. They promote the same things every few years with a different name and brand it as "new" or "innovative".
ICE would have a field day at Fannie Mae's Reston office. So many brown people.
Wow, the bigotry on this thread is palpable.
There are cousins, spouses, and siblings all over that place. That might be a good start to outlaw nepotism at the GSEs.
Whose relatives? I thought it was just unqualified friends.
It's favoritism and corruption. People bringing their wives, husbands, relatives to the company. This is totally insane. It's no longer a government-sponsored entity. It's a family-sponsored business entity right now.