Fannie Mae (FNMA)

[Robert from yahoo bd]

That's right, hard to believe Hashim polished off his old "Death Spiral" argument after it had been discredited through Discovery Documents. He likes it because it fooled so many lower court judges and underpins his business judgment rule arguments that flow from that premise! Given the tremendous litigation costs involved with getting the government to turn over the various "smoking gun" documents coupled with Mario's perjury, a deep dive trial would be unpleasant for the government. We'll see what happens.