Epstein's article is equally full of crap. He infers that the documents yet to be released are related to the government's decision to take the GSEs income away from shareholders. That COULD be the case, or could be totally untrue. He doesn't know, either way, he has never seen the documents, but he states crap as fact. That's a lot like the Vanity Fair fraternity/rape cover story that was never fact checked and now headed to court. Fortune, a distinguished business publication, normally has higher journalistic standards.
I actually have a lot of respect for Richard Epstein's earlier work, but this kind of vomit is really beneath him. Did he just sell out for a big consulting fee?
JMHO.
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