Replies to post #689570 on Fannie Mae-No Politics (FNMA)

[Double Black Diamond]

Guido and Mr. Fence, every day deals are cut with swindlers, robbers and murderers in our court systems, through plea deals. Deals at higher levels really no different, in essence. If you did want to sue over warrants, I believe FHFA and Treasury already established a $5 bil reserve for just such a purpose. So if they want to negotiate and arrive at a compromise with the current plaintiffs, and the plaintiffs agree, expect that to be the end of it. Where are any new plaintiffs, OF ANY SUBSTANCE, going to come from?

[DCBill]

"Why would we compromise with swindlers?"

Because--as we've seen--the "swindlers" have all of the guns, i.e. power, witness our long series of legal and regulatory setbacks.

I hope Howard's paper--whatever he proposes--finds some thoughtful and sympathetic Admin ears.

Plus you should want any "answer" to stay regulatory, keeping this matter out of the Senate and House where the numbers don't favor you.