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big-yank

01/08/17 10:43 AM

#376904 RE: 401kobessive #376901

No,I absolutely do NOT think "the outgoing admin(istration) was worried about special prosecutors and congressional hearings" and that concern led to stonewalling of documents being released. Here's why.

1. The part of the Bradford claim that deals with 2008 and the alleged fraud committed to seize the GSEs took place during the Bush administration, not on Obama's watch. All the players(or "actors" if you wish) were changed out before the discovery and document impasse commenced in 2012 as suits began to be filed. So, any blame, there, would be on Bush's watch and of little concern today.

2. Until the surprise Trump victory, nobody in the Obama administration ever thought Clinton would lose and most Dem pundits were, in fact, predicting a party majority in the upcoming Senate. There was no threat under that scenario. And after the election's surprise results, there has been no substantive change to the government's stance on documents.

I can only believe so many documents are sought by plaintiffs because their cases are weak. And I can only believe government stonewalled releasing 11,000 documents to stymie the lawsuits. They could have compromised. They didn't. And so, years later, we just keep asking: "Any verdict, today?"

I am actually hoping for the same shareholder outcome as you are. The government did plenty that I strongly disagree with like Amendment 3 that I have railed against for years on this board. I am not an apologist for the government's purity in Fanniegate. But neither can I support illogical or fabricated conspiracy theories that stop just short of blaming FHFA for the death of Jonbenet Ramsey.

JMHO.