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02/26/14 6:05 PM

#179900 RE: CER3 #179899

I like Berkowitz's statement:

“Today’s decision by Judge Sweeney is a positive development for taxpayers, homeowners, and investors. We hope this accelerates exploration of a consensual solution,” said Mr. Berkowitz."

I interpret this as , 'dear government, work with us to fix the problem preemptively before it gets a whole lot worse for you'.

http://blogs.wsj.com/moneybeat/2014/02/26/court-grants-fairholmes-discovery-motion-in-fannie-freddie-suit/