Fannie Mae exec fired amid kickback scandal

The Chicago Tribune reports:

Fannie Mae has fired the executive who headed its Irvine office amid a federal investigation into alleged kickbacks from real estate brokers. One former employee of the home-finance giant has been indicted on charges of soliciting illegal payments from a broker, and another former worker has alleged that such conduct was common at the office. Federal investigators are trying to determine whether the alleged corruption extended to other employees, according to two people with knowledge of the probe.

The American economic fascism update.