Fannie Mae-No Politics (FNMA)

[big-yank]

You are correct. He has never seen the documents and is making assumptions regarding their content, just like the rest of us. He is just stating his opinion and doing so in a way that infers it has some factual basis.

It is naive for anyone to assume Howard's narrative is solely informative. He is a resource for plaintiff actions, as you correctly observed, has at least some meaningful position in preferred shares and certainly might have a vested interest in protecting his involvement in anything that led to the conservatorship or may have influenced his earlier departure from Fannie Mae.

JMHO.