Fannie Mae-No Politics (FNMA)

[big-yank]

Someone is paying for the Fairholme suit. I can only logically assume that would be Fairholme. It could be on contingency, too, I suppose.

Fairholme is a major Wall Street player with expressed designs on taking over and privatizing Fannie Mae's insurance business. Whether that qualifies for them as a hedge fund or not gets into corporate structuring that is beyond my level of interest.

I have no view on how many hedge funds have brought and paid for legal complaints before a US Court. I frankly do not see why I should care about that. Maybe you could explain why that matters.