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Article: In Fannie Mae's Culture, It's Best to Go With the Flow Series: THE MONEY MACHINE: HOW FANNIE MAE WIELDS POWER Series Number: 2/2
- Article from:
- The Washington Post
- Article date:
- January 16, 1995
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Fannie Mae can seem a highly political place to work, where
networking, appearances and presentation skills can mean the
difference between career success and problems. "Politics at this
company is treacherous," a mid-level Fannie Mae employee said. "A lot
of non-political people get left behind."
Fannie Mae's former head of investor relations, Paul Paquin, was
fired last year after chief executive Jim Johnson and others were
upset over his performance at an investor conference - his
introduction of the boss was deemed to be insufficiently flattering
and the financial slides he projected on a giant screen were
illegible, sources said.
Paquin also ran afoul of Johnson and others by doing his ...