Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

It looks like no one is expecting much from the trial as far as price movements goes. I went down to the Clerk and this particular trial was originally filed on 07/10/13. Over 10 frickin years ago and the Government is as recalcitrant as ever! It'd be nice to get a win though.

Whatever happens here at this trial will very likely be appealed anyway. The one thing I do enjoy about watching the legal battle unfold is that the bright light of day is shining on the dubious governmental motivations and actions here surrounding the Net Worth Swipe.

But no question about it, Litigation against an adversary with virtually unlimited resources and time is challenging.

The FHFA and the current administration seems like they are punting the "exit from the 15 year Conservatorships" to Congress. Also, I don't see how federal government agency officials will resolve this with the pending Litigation outstanding.

Thoughts?