Replies to post #357905 on Fannie Mae-No Politics (FNMA)

[whipstick]

that's funny! A fiduciary responsibility to whom? obviously not the shareholders!! LOL!!!!!! you're getting your lies crossed.

[rekcusdo]

"As the party that paid for PWC's work, FMCC not only has a contractual right but, ore important, fiduciary responsibility to ascertain what happened in case future action is required to prevent another problem from taking place. "

Business Judgment Rule would protect FMCC from any fiduciary obligations here.