Replies to post #355422 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

(I did not see your post and semi repeated it)

And Yank questions why all the discovery

If Yank takes the financials as 100% accurate and best faith neutral estimates - one can try going directly to GO as he wishes

If one takes the financials as a representation and presentation of a story that would support the NWS for REASONS A B C - then discovery is needed

And such motivation is hopefully viewed and considered by the Appeals Court to be motivation that lead to non Conservator like actions

[big-yank]

I agree with you. Dismissal is in abeyance for the foreseeable future. First we have a stay in Perry, pending incoming "authority"... an apparent euphemism for Sweeneython documents. Then you have a stay in Fairhome while Sammons appeal goes through due process. So, no, you are totally correct. The dismissal is a future event in 2017.

"Mama in her kerchief, and me in my cap
Had just settled own for a long winter's nap"

Hurry up and wait. Maybe next Spring? Maybe the $$$ runs out, first?

Can you say: "Liquidation Preference"?

JMHO.