Fannie Mae-No Politics (FNMA)

[big-yank]

How does the Deloitte lawsuit benefit Fannie Mae? For that matter, how did the PWC lawsuit benefit Freddie Mac? How did/does either lawsuit benefit anyone but the named plaintiffs in either action?

Yes, both GSEs need capital. But what gets awarded to plaintiffs does not go for recap. It goes to the plaintiffs. But then you and all the fellow travelers already knew that.

The sequential deliverance of shareholder equity in any equitable way involves an inevitable hierarchy of events to transpire that conform with the rule of law, the rule of reason and the rule of ethical and moral behavior.

But "The Fellow Traveler's Team" sees everything differently. Right?

JMHO.