Fannie Mae-No Politics (FNMA)

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Judge Sweeney: total of about 2.5 million potential documents in all. May 7, 2014 hearing.

http://blogs.reuters.com/alison-frankel/files/2014/06/fairholmevus-5.7transcript.pdf

http://blogs.reuters.com/alison-frankel/2014/06/04/doj-fannie-freddie-shareholder-demands-endanger-housing-market/

THE COURT: Congratulations. I’m delighted to hear
9 it.
10 MR. SCHWIND: In fact, this afternoon, we haven’t
11 agreed on an exact time, but we’re going to continue the
12 process of negotiating a search proposal -- both sides have
13 exchanged search proposals, and I’ll talk about that briefly.
14 THE COURT: Well, I’m glad to hear it, because that
15 was something else I was going to ask you when you were
16 concerned and if there’s still concern about the potential
17 2.5 million documents. It didn’t seem to me that you had
18 come up with search terms to conduct electronic discovery.
19 So, I tend to be -- allow discovery to proceed in very broad
20 -- even if it’s discovery in aid of jurisdiction, some ways -
21 - especially in discovery in aid of jurisdiction, I will
22 allow Plaintiffs every opportunity to establish that this
23 Court has jurisdiction over its claims. This is a citizens
24 court after all and I want them to have every opportunity.