Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

You should have come to the trial, but during the trial, HH and his team with the assistance of some of the most esteemed accounting and finance expert W's, reiterated all those themes throughout the 2 week 2 day trial.

D's weren't asleep at the wheel and hammered away and focused on the losses from 2008-11 (most as a result of the write downs of the $100B+ DTA'S and over exaggerated credit loss reserves when FHFA wore its regulator hat), the 2q12 10q, and tried to sell the Jury with the idea that the NWS was somehow a viable option that the P's should have seen coming.

I think the educating of the Jurors by P's was a great strategy as the truth is on our side. We'll find out shortly if the Jury became educated enough to overcome any inherent leaning they may have had for the D's. Remember, I'm pretty sure all the Jurors had never been aware at all about the NWS prior to being called for Jury duty.