Replies to post #230291 on Fannie Mae-No Politics (FNMA)

[Daveknowsnothing]

These things take time and everyone gets a fair shot. I think she's doing that. My son got a ticket for riding a motorcycle without a license. That dragged on for 6 months..all this will probably end up in Supreme Court..

[mike_usa]

IMO a settlement may probably occur.

[stockprofitter]

No comment. I will comment on the status of Conservatorship.

Temporary .

[not one red cent ~NORC~]

I agree. I think she is doing this by the book and if there are appeals, it wont be because her court made a mistake or didn't treat the defendants fair and give them everything they need to defend this.

Its like watching the fly caught in the spider's web. You know the fly is going to lose but you cant resist blowing on the web to give the fly a fighting chance.

[blanka]

To be honest I'm not sure but my thoughts are she is trying to be fair to the government and provide ample time for them to think about what's going to happen and have all politicians to gather what's best for them before it's over...

I am sure she knows the ones involved will have their careers ruin so it give the government enough time to make a settlement then to blow their covers with the discovery to expose all the worms in the rotten can of the discovery documents. .. This is my thoughts and reason why but what do I know... I'm just a realtor with dream that America will do Justice to the thieves...

It's just providing the government enough time so they can provide a "fair" settlement before the truth will be exposed and save some government officials or big powers their downfall...

Fnma Fmcc

[obiterdictum]

Judge Sweeney has said she does not worry about time.

Judge Sweeney gave the parties 3 days to deliver a joint protective order proposal. Considering the document requests and differences of opinion, that is not enough time to do that. So, the parties asked for more time.

We are not privy to what the parties and the Judge discussed and so we only know she extended the time for an extra 10 or 11 days including the July 4th.

This is still a short amount of time to iron out a joint protective order proposal that is acceptable to both parties. Maybe they will not be able to to it. If so, Judge Sweeney will not accept separate proposals. After all, she is giving them the opportunity to put their discovery parameter forwards while considering Judge Sweeney's statements of what she will accept and will not accept.

In any case, it behooves the parties to work together to come up with a satisfactory proposal for Judge Sweeney to consider when she writes her own protective order for discovery. She has already made it clear to both parties what she will sanction. It is up to the parties to take best advantage of that.

The Defendants in their reply to the Plaintiffs reply to the Defendants' motion for a protective order, still defy Judge Sweeney request for openness and no doubt that remains the case.

If the Plaintiffs limit the discovery to jurisdictional issues and leave issues of merit for a later wave of discovery while considering Judge Sweeney's limits, the protective order written by Judge Sweeney may tend to support the Plaintiffs.

Judge Sweeney wants discovery to be open yet limited so "the Plaintiffs will have the ability to make the best case they can to establish the Court’s jurisdiction."