Fannie Mae-No Politics (FNMA)

[big-yank]

Sorry, but I have said for over a year that Judge MoeRon Steal blew this opportunity out of the water, ultimately culminating with his motion to expand the complaint. He went off on this lame adventure instead of going for the Achilles Heel which was the potential illegality under Delaware State Law to pay one class of preferred shareholders a dividend without treating all preferred shareholders equally under the same pro-rata basis. So all he accomplished was dragging this morass out for endless more months with no deliverable outcome for shareholders. The MoeRon delayed the entire process, not the government's lawyers.

I am not paying for the legal expense to employ this MoeRon, so I guess I really don't get any vote in this, but this guy has gotten absolutely NOTHING done worth noting in my book. "Man of Steel?" Nah. Just an everyday MoeRon.

Tried to tell you.

JMHO.