Fannie Mae-No Politics (FNMA)

[JJ8]

Thank you Paula for posting this important up-to-date legal opinion by this distinguished author. I found the following (below in bold) significant and deeply insightful by the author.

"But with Fannie and Freddie, the charge against the government is self-dealing whereby the government takes money out of the coffers of Fannie and Freddie and gives nothing in return. Faced with these serious charges, the government invokes a variety of dubious procedural and substantive defenses to claim that high government officials, unlike their private counterparts, should never be held to answer for their potential misdeeds in a court of law. Judge Sweeney should not aid the government in its pursuit of this unworthy objective, but should allow the discovery in her courtroom to proceed as planned."

I hope Judge Sweeney should be aware of it and have the character and guts to pursue it... in order not to permit the Gov Reps continue using technicalities in the legal system allowing 'legal maneuvering' or 'avoidance' of this important process. It's the only path in order to let the legal system bring this matter to a conclusion in harmony and the pursuit of the intent of the law. Good day and good luck.

PS: Last post for today