Replies to post #785065 on Fannie Mae-No Politics (FNMA)

[mike_usa]

Yea I remember. He won but no damages. I think court commented on Govt handling. Hope the Govt will keep that in account while exiting the GSEs.

[kthomp19]

but he did win

Nope. He "won" at the district court level in that Judge Wheeler did find that the government had committed an illegal exaction, though he awarded zero in damages.

Wheeler's illegal exaction finding was overturned by the appeals court. That took away even the moral victory Starr thought he had.

In the end his case was a 100% loss.