Fannie Mae-No Politics (FNMA)

[chessmaster315]

Agree.
The government has offered us a "settlement" in the "walk back" Net Worth swipe agreement.

It reminds me of the thief caught robbing banks, who offers to return 1 percent of the money he stole in exchange for probation and no jail time, and he plans on returning that 1 percent sometime after next year.

The government is in a "weak" bargaining position, and we should not take this "offer" seriously.
If the governemt "really" wants the lawsuits to stop, they need to immediatly stop then net worth swipe, return the overpayment to investors, then discuss the "injury" that the En banc says (fnma investors suffered) as a result of the net worth swipe.

I would be willing to negotiate damages as a result of the swipe, but not the principals return. That money was stolen in the sweep and we deserve to have it returned, with interest and penalties.