A person who is in a position to know tells me that on top of all Fannie Mae's problems, their computer system is completely antiquated.
Actually, this person says, it is over 130 separate computer systems that don't talk to one another. "It's amazing how much manual interface goes on because none of the computers talk to one another," says this person.
At times in the past when Fannie Mae found a problem that needed to be fixed, they would do things like hire "20 Indian programmers who would come in and write up a program to solve a specific problem, but the new program wouldn't be interface with any of the other systems" so the multiple non-interfacing environment just grew and grew.
Hope you don't think systems like that grow this way by accident or because their dumb leaders didn't know better.
ReplyDeleteInvestigators may give up on that gigantic puzzle of x billion parts. So nobody ever caught guilty. PERFECT GAME.
Remember forcast 9/11 ?
Cheney was forced to declare where 3 TRILLION have left the Pentagon to - traceless.
His lame excuse: We don't know because computers are not connected !
Every desktop one fine sink-hole.
Ever asked yourself or them further questions on that trillion-raid of taxpayers bloodsweat ?