Replies to post #354435 on Fannie Mae-No Politics (FNMA)

[Zmarzz]

Let me point out a couple of other factors here:
1) If Perry Capital does finally give up, they leave behind a pool of lawyers who are VERY familiar with the litigation. You do not have to start from scratch or reinvent the wheel here, so that helps keep the legal costs down.
2) There is also the possibility of litigation outside the U.S. I imagine that a number of foreign investors also lost big time when FnF were taken over. American claimants could work with them to ask their governments to file a complaint with the World Trade Organization. Also, somebody mentioned that there is a judicial body in The Hague which could also intercede, as what happened in the case of GAZPROM.
3) You and I have discussed this at length already but it is worth repeating. There is no doubt in my mind that there are "bombshells" included in the documents which have not yet been released. It only take 1 such document!

[Lite]

If Congress would give the F&F rights issue the energy that they are giving the Wells Fargot issue, we would not be disappointed in our Govt.