Fannie Mae (FNMA)

[ShortPutCall]

I didnt mean it to bash them. The lawsuits are more to make a point, and put pressure on them, they have the money and resources to do that. They have the best lawyers in the world and there case didnt make it through the front door. They are fighting something that the govt has thier own lawyers all over it, and somewhere in small print in the agrrement when they took over allows the govt to do this. There not friviolous at all, but more of an activist suit then a real one to win. Filing lawsuits also do not cost that much,as it would cost tons to go to trial against the govt, and they would have to you their clients money for it.