Posted by Alfred on Fri, 30 Jan 2009 19:01 | #

Is this Rajendrasinh Makwana a US Citizen, or an Indian national?

Is Rajendrasinh Makwana somehow working for Indian interests?

Why do we allow foreign nationals to have access to sensitive computer systems?

Since Fannie Mae underwrites the majority of mortgages, imagine the damage he would do the the US economy had he been successful.

Posted by Spirit of '76 on Sat, 31 Jan 2009 06:37 | #

I was a contractor at Fannie for two distinct periods, in 2005 during their so-called “restatement” and again over Christmas 2007/Jan 2008 working on a planning system upgrade.

Fannie is as dirty as you think it is.  Most employees are District residents with arrogant but acceptable personalities (if you think inheriting someone else’s plantation really does make you Master…) but with IQs and comprehensions of your average turnip.

Contractors do all the real work at Fannie and they are WELL PAID.  VERY WELL PAID.  Starting at $120/hr up to the going rate in town well paid.  (I write here of contractor realized revenue, not their bill rate to Fannie which is significantly hirer even than this.)

Honestly, who knows what this dude was thinking.  But I can tell you this:  When PwC tried to audit their IT systems, their opinion was fantasy based on pipe dreams.  There was no way to tie one system to another since most were spreadsheets and Access databases with Rube Goldberg interfaces. 

No one dared look very far in to these “applications”.  Why? I don’t know.  But it would make for perfect plausible deniability, “Hey, my decisions were based on what I thought I knew.  How was I to know these 30 year old spreadsheet models were crap????”

Something else you ought to know:  White men are few and far between at Fannie.  My projects were “reflective of the geography’s demographics” if you get my drift:  black females, latino females, asian females, a few asian males.  The top bosses, and their hookers, were white.  (Ask anyone at Fannie about the Wednesday Party nights on Connecticut Ave.  Champaign and to-kill blondes long after we accountants left the building.)

Getting back to the contractors:  they are paid, in my opinion, to a degree at least to look the other way while employees are too stupid to know what day it is, let alone whether it’s right or wrong.

Anyway, that’s my experience there.  I told everyone back in ‘05 they would bring the whole fucking economy down with them.  The same ones in my firm that laughed at me about the inevitable Dot Bomb laughed at me then, too.

They are not laughing now.

One last thing:  I recently had a nice conversation with certain federal investigative employees with a professional interest in Fannie Mae.  It was nice to tell them what I saw.  And who. 

Posted by lara on Tue, 21 Sep 2010 19:11 | #

This all is rubbished going on with this innocent Indian guy makwana.
“Jessica Nye needs to learn that what is cyber crime first and then put any allegation she has forget that a proof can be created as same makwana log has been copied by any other person with the help of makwana laptop.that another guy has miss use makwana s laptop when makwana was not on his place.Jessica Nye has to do some investigation with other people also of that Fannie Mai company.

Guess that some body is trying to put makwana in a scape goat scene. Rajendrasinh Makwana is also stupid enough not to mask his step. If he wants to plant a virus, he should never use his own device and runs as far as possible. Guess again that the FBI also finds viruses on his home computers.” means some body has misuse makwana device.
FBI is doing wrong with this guy.If makwana has done wrong he must have ran away back to India. but still he is facing all the prolem.why?