Fannie Mae-No Politics (FNMA)

[big-yank]

I have suggested on several occasions that maybe Mr. Sammons is just exactly what he stated. An aggrieved shareholder that is fed up with endless legal delays that are threatening his substantial investment. He is endeavoring to get the case sent to a lower circuit where someone may cut through the crap and actually get something conclusive done.

The money runs out in about 12 months. The legal circus is now playing brinksmanship with liquidation or a "forced" Congressional reform measure driven by further Fannie or Freddie draws from UST.

JMHO.