Fannie Mae-No Politics (FNMA)

[big-yank]

It runs much deeper than that. The same person is a lead plaintiff in the Edwards vs. Deloitte litigation which remains active in the courts. Another plaintiff that also has legal plaintiff standing in the same two cases just penned a lengthy article in Seeking Alpha that seeks to validate the government retaining and exercising warrants in a recapitalization that woulddilute my common share value by nearly 80%.

Two people are highly active in commentary on Fanniegate matters. One writes regular articles for Seeking Alpha. The other devotes what seems to be endless hours promoting similar views while awaiting a ruling in the related Deloitte action. Judge for yourself:

https://twitter.com/hill_matt

Due diligence discipline demands that smart investors chase down risks to their investment position. Too bad the earlier investors in Fannie Mae & Freddie Mac did NOT do that prior to both stocks imploding during the financial crisis, leaving them to seek scapegoats for their own inactions and failures.

"If it walks like a duck"... Thsi one is not strutting towards the high ground, if you get my drift.

I am no different than many investors here. I want this legal stonewall broken down and matters settled so life can go on. Layer upon layer of interlinked litigation only makes the resolution process that much harder for any definitive outcome to be reached. Who wants to be here, 8 years from now, asking: "Any verdict today?" Not me.

JMHO.