Fannie Mae (FNMA)

[Robert from yahoo bd]

The evidence seen in Discovery SO FAR (by the way, remember the tremendous resistance of the government to allow the Plaintiffs to EVEN GET IT, "Executive Privilege", etc.!) is enough to convince the trier of fact that the governments intent was NOT to follow HERA and from what I understand the government IS accountable when they blatantly break the law.

I could easily see the SCOTUS providing the remedy the Collins Plaintiffs seek by ruling that the Conservators nws was ultra vires and in violation of the Administrative Procedures Act.

Understandably the shareholders are upset and somewhat befuddled by the lack of a quick resolution from the courts, but if any court is well positioned it IS the SCOTUS in the Collins case.