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obiterdictum

02/20/16 2:49 PM

#329713 RE: big-yank #329708

big-yank: Garbage. There are so many pages of text because the litigation landscape is CLUTTERED with overlapping litigations that make everything difficult to digest down into a manageable and understandable synopsis.

Here's just the pending case load that deals with the sweep.

bankrupt.com/gselitigationsummary201602.pdf

You do need a law clerk just to keep this overlap sorted out in any semblance of order. This summary, alone, is 27 pages and only deals with a thumbnail of the Amendment 3 cases.


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Again, a law clerk is not needed to read through 5 pages of text.

The link provided in response to the request for support of your statement - "The defense alternatively points out that the novelty of their contributing one of the largest monetary bailouts in history imposes a unique, additional element to the agreement between Fannie Mae and the government, one that justifies barring of future derivative suits." - contained 5 pages of text. - The link provided: http://gselinks.com/Court_Filings/Jacobs_Hindes/15-00708-0027.pdf

If the above statement cannot be supported by using the brief provided or from actual references from the Defendants' motions to dismiss, then it is useful not to make such unsupported or unsupportable statements. It is also not helpful, useful, or convincing to shift an inability or reluctance to provide supportive references to statements made to the unwieldiness an sheer quantity of text found in overlapping litigations.

So, this issue is left where it started without a single reference of support for the statement: "The defense alternatively points out that the novelty of their contributing one of the largest monetary bailouts in history imposes a unique, additional element to the agreement between Fannie Mae and the government, one that justifies barring of future derivative suits."