Fannie Mae (FNMA)

[yambike]

Bcde,Barron4664,

With the time schedule filed yesterday, I do see your points.

I once expressed my suspicion that the Court system is rigged so that it grants citizens a decisive win only when there is no money involved. Things like civil rights, law enforcement misconduct, non-monetary contract claims, its in the bag.

If there is money involved however, especially large sums like this, we always lose on technicality (delays, wrong venue, statute time running out) despite merit. A win, if there is one, is usually stripped of monetary rewards.

Like the AIG case. It gave a win to the shareholders ... but denied them monetary damages on a technicality (I think they said statute ran out, there was another one filed by an executive but even that they said he won but no money because it was filled in the wrong venue)

So in all likelihood, we will win one day, but only after the money runs dry. Maybe after FnF are wound down. Give us few residual penny considerations so they can claim that our interests were upheld. a hollow victory.

Hopefully, the administrative reform changes that trajectory.