Fannie Mae-No Politics (FNMA)

[big-yank]

Amended Delaware complaint may get aired tomorrow, if it was filed on Friday as expected. This is the "Big One" remaining for hope to shareholders as the rest of the litigation circus slogs on in perpetuity. A review of briefs, today, shows as many filed by pro-plaintiff protagonists as by government attorneys, so please save the garbage about government stonewalling a verdict... this is a totally SHARED process of delay, wait and rack up billable hours.

And, so, Fanniegate trudges along in the Never-neverland of a legal and political quagmire. Meanwhile, the wind down clock ticks on.

The Appeal is dead. Long live the Appeal's ever-diligent deceased. They are just "Dead Man Walking" until the autopsy results are released.

Can Judge Steele step in and save the day? Maybe. Watch for the Amended Complaint. If it is another big "whoop ass" claim that turns out to be an empty can of noxious fart gas, the plaintiff's summary total of claims surely get DISMISSED as totally without merit.

JMHO.