Fannie Mae-No Politics (FNMA)

[big-yank]

I don't disrespect that opinion because neither of us really know the outcome for certain. What I am glad of is that very soon we WILL know how valuable these 56 documents really were, or not, based on whether Fairholme goes to trial or the motion to dismiss is affirmed by Judge Sweeney. I think we will have an answer to this before the Court recesses for the December holidays.

I sensed no anger in the Sweeney ruling directed against either side. The fact that she made a positive ruling on plaintiff's motion to compel must be measured against a release of only 56 documents among the 11,000 sought by the same team. That statistically would not seem to represent a rationale for any sort of victory dance, just yet.

My guess is that unless some huge discovery is netted from this latest release, Sweeney will go ahead and rule with no further doc's released.

JMHO.