Fannie Mae (FNMA)

[chessmaster315]

Judge Sweeney quote: (from YMB)

Why September 5, 2014 Is the Date For Judge Sweeney To End Her JURISDICTIONAL Discovery?
(1) On Aug. 26, 2014 Judge Thomas Wheeler of the US Court of Federal Claims has REJECTED the US
Jurisdictional bid to DISMISS of the similar lawsuit: AIG Shareholder vs. US. The TRIAL starts Sept. 29, 2014 and lasts Six weeks. Judge says "complex financial and economic issues" deserve qualified expert witnesses testimony and analysis.
(2) Judge Sweeney wrote in her Jurisdictional Discovery order: "Friday, Sept. 5, 2014 ... (when) Jurisdictional Discovery should be COMPLETED." The defendant (Government) asked for a Protective Order to kill this Discovery
Process at the very beginning. Therefore, No motive for the government to postponing to a later date to stop this
headache jurisdictional discovery process. The plaintiff (shareholders) has no judicial advantages for postponing
this Jurisdictional Discovery to another later date, rather than going directly to TRIAL

My interpretation:
Remember, the judge is privy to documents from the discovery that we are not privy to. I will speculate, with a heavy degree of logic, that she is suggesting dragging out the discovery will not benefit the plaintiffs, probably because a "smoking gun" was found. In other words, more and more documents wont convict the criminal any more, they already have the defendandant stand over the deceased with a smoking gun, and a hate motive: The administration hates rich guys (hedge funds) and wants them dead. If not dead, they want to take away their wealth.
So, more documents in the discovery "would not benefit the plaintiffs". I think the judge is saying they are not needed, because if there was insufficient evidence to support the plaintiffs, the only fair way would be to see if the discovery would uncover incriminating evidence. However, that is unnecessary, because Sweeney found the smoking gun, and we may as well move forward.

Bottom LIne. Sell your kidneys to buy more fannie, we are headed to trial, as the plaintiffs have passed all the hurdles to trial. If there was not a reasonable chance for the plaintiffs, the case would have been dismissed by now.