Fannie Mae-No Politics (FNMA)

[along4zride]

Expected answers to tough (FNMA) letter

“Accordingly, please provide the following:
“1. Has the President personally invoked executive privilege over documents related to the Fannie Mae, Freddie Mac and Treasury Third Amendment agreement? If so, when? If not, why are DOJ attorneys citing that privilege as a reason to withhold those documents?”

Response: I don’t want to hold you up so feel free to ask someone else.

“2. Does the Third Amendment cause a breach of any of FHFA’s statutory duties to ensure that each regulated entity operates in a safe and sound manner? Please explain.

Response: I’ll do it if you do my grocery shopping for a year

“3. During the negotiation of the Third Amendment between Treasury and FHFA, did DOJ communicate with any of the entities involved regarding its legality? If so, please describe those communications in detail.

Response: It’s not part of my agenda for today (or this week, or this month, or this lifetime.

“4. Under what legal authority was the Third Amendment authorized?

Response: Fax me about it when I’m on vacation.

“5. Prior to litigation, did DOJ discuss with Treasury and/or FHFA the need to assert privileges, including executive privilege, over certain documents?”

Response: Listen, I have to get going but thanks for asking.