Replies to post #328969 on Fannie Mae (FNMA)

[mikoli007]

"Judge Reade clearly does not agree with Judge Lamberth as to FHFA's requirement to produce an administrative record. This is an important ruling because failure by the FHFA to produce an administrative record could, by itself, be sufficient for Judge Reade to invalidate the Net Worth Sweep, given the apparent decision by Judge Reade that the court has jurisdiction to decide Saxton's claims."/quote]

[Patswil]

It appears that the shorts are finally covering---the fear of total implosion IMHO