Replies to post #689181 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

We all know this for a long time. The whole thing is a highway robbery. The GSEs did not need the bailout. Or, at least, they did not need this much. And, why 10% interest with all other TBTFs at 4% ? NWS is to rob us the second time. But, how do we get all this to the public or at least to the judges in our coming trials ? SCOTUS is a disgrace already.

[mrfence]

Sweeney did a good job and had a ruling in mind but wanted SCOTUS interpretation of the legislation before writing it so she could be sure to make it stick. It's the Court of Federal Claims job to police the Federal Gooberment and that Court is still in session under her successor, Schwartz.

Unfourtunately, Gooberment criminal enterprise is entitled to a fair trial just like any other lowlife worm in America. That can take a decade. Fake narratives have been put forth as a defense and taken to be true based on false evidence that has been exposed as such since then. Amature hour's over for da Gooberment :-)

[camaro4me]

Government used to be able to get away with that. Now the 11,000 unsealed documents will be available August 4. Plaintiffs need to show them and prove the government lied.

"So Watt's a fair price for all dat?"

Main concern is lower court judges (like apex court) will opportunistically use the fake narratives of FHFA that FnF were on the brink of collapse and without the Gov bailout FnF would not have survived and shareholders would have lost all their value. All along all courts have been using this fake narratives in their rulings.

Gov fake narratives have been proven to be false through discovery process and forensic accounting analysis. But so far no judge is considering these facts in their rulings. These judges are doing everything possible to hide these factual truths and deny justice to plaintiffs.

Probably only jury trial may have some hope for shareholders. Unlike pro-Gov biased judges, jurors may not ignore the factual truth.