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Comment This sounds familiar... (Score 1) 143

http://www.marketwatch.com/sto... "I suppose that as the case of the programmer, Rajendrasinh B. Makwana, is brought out into the open we'll discover whether he's just a disgruntled programmer irked at being let go by Fannie Mae in October, or someone with more sinister intentions. It was only a fluke, according to all the reports Friday, that a malicious piece of code was found on the Fannie Mae FNM, -6.82% servers. It was designed to go off Saturday and erase all the data and screw up the company. It was placed there by Makwana, an Indian national and former Fannie Mae contractor, according to a federal indictment. If it was part of some greater scheme, then we can assume that on Jan. 31, the date his program was supposed to kick in, a slew of computer networks will go down. Generally speaking, this sort of thing is more of an inconvenience than a catastrophe."

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