Fannie Mae-No Politics (FNMA)

[big-yank]

I'm generally not much of a conspiracy theorist. But this one really piques my interest. I have a serious reservation regarding the mysterious injection of "Cede & Co." into the Sammons letter's appearance in Judge Sweeney's court. First of all, how did Sweeney gain insight into where Sammons shares were nominally held since it is not so stated in his letter of complaint? Where did Judge Sweeney come up with this statement?

Did this Sammons incident somehow trigger an immediate decision regarding the motion to compel? The timing is nothing but stunningly suspicious.

Many questions, no answers. I will say that the DTCC thing is troubling since a clearing house is often involved in short sales from my limited knowledge on this somewhat murky part of the market.

JMHO.