Fannie Mae-No Politics (FNMA)

[big-yank]

You should read the variety of posts from rekcusdoo on this board. I do not agree 100% with all of them, but largely he "gets" the legal side of things, spot on. Sweeney is NOT in the driver's seat. The Perry Appeal is in the spotlight and is farther along than any other litigation.

Who gives a crap about fully briefed motions that have gone unchanged or un-expanded since February? This is September. That case is hopelessly mired in discovery gridlock. Just like Jacobs, Hindes which also sits in a Springsteen-like "Tenth Avenue Freezeout" hiatus, prolonged by an inability to even file an amended complaint. The surviving Pagliara suit can't even get beyond a procedural impasse on remand to the Delaware Court of Chancery. Vuacola is lost in attorneys-of-record disputes after allegations of bounced checks and unpaid legal expenses. Thapar recused himself and left that mess in a Disney "Fantasyland" rabbit hole. The Edward's "50 men for themselves" Miami circus is on the fast track for a discovery hearing in some South Beach sleaze bar.

The Perry Appeal is IT. Once that ruling comes down, life as many have known it will forever be changed.

JMHO.