Replies to post #741668 on Fannie Mae-No Politics (FNMA)

[Achilles deFlandres]

He was clear in the court recorded audio that he didn't understand what was being asked of him. The idea of calculating damages on an "alternate history" was not easy for him. I think he said he had to read the complaint 7? Times and he still didn't get it.

[basesloaded]

They get paid per hour, not by making quick or correct decisions.

[HappyAlways]

Judges are reluctant to decide a fair compensation for plaintiffs for its complication. So, we should keep our request simple. "Revoke the NWS and refund the overpayments with 10% interest."

In 2012-2013 alone, the bailout balance was $191B. Per PSPA, 10% interest is $19.1B. The GSE together reported NWS payments of $141B. They over-paid by $121B. In 10 years, it is $310B. The GSE should have enough capital to exit the C-ship a few years ago.