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kingu1ysnmbr1

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kingu1ysnmbr1

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Thursday, 10/02/2014 12:05:36 AM

Thursday, October 02, 2014 12:05:36 AM

Post# of 797335
Frannie's Courtroom Crushing

http://online.wsj.com/articles/frannies-courtroom-crushing-heard-on-the-street-1412196467

Yet Judge Lamberth decided he didn't even need to hear oral arguments in the case. And the thoroughness of his 52-page opinion is striking.

It meticulously demolishes every argument put forth by investors who claimed the Treasury Department and the Federal Housing Finance Agency acted illegally when changing the bailout agreement in 2012. That extraordinary arrangement falls squarely within the authority Congress granted Treasury and FHFA under a 2008 law that overhauled oversight of the mortgage companies, according to Judge Lamberth.
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