Replies to post #357178 on Fannie Mae-No Politics (FNMA)

[whipstick]

not sure which cost to taxpayers you're referring to.

It could really be any one of the following:
1. the judicial system taxpayer costs of Mr. Sammon's motions to delay
2. The gov't costs they're causing themselves by battling litigation from an unwinnable position (and taxpayers by proxy) by extending their battle to try to justify their illegal takings?
3. or the big one, the gov't's attempts to undermine a century of private ownership rights? - that one would really cost the taxpayers (globally) the most! Hey everyone it turns out the gov't can take whatever it wants with impunity in the united states! Come invest here!!!

[rekcusdo]

"Emphasized if he faced $1,000,000 loss, why would he settle for $10,000 settlement which is max available to him through state court. "

Not sure what you're referring to here, but 10,000 is not a State Court maximum.