Relevant:
- Business As Usual At Fannie Mae
- Judge to Fannie Mae's Attorneys: Federal Agency or Private Employer?
- Goldman Sachs to pay US$3.15b to settle mortgage case
- Obama Administration Tells Court Government-Run Fannie Mae and Freddie Mac Not Subject to Open Records FOIA Law
- Mortgage Lawsuits by FHFA May Hinge on Appeal
2013-08-19 — neweconomicperspectives.org
``Fannie Mae was the second of these corporate bailout recipients, purportedly run by the government, to hire Glassner. Fannie hired Glassner after it sued him. The suit was nominally brought by the Federal Housing Finance Administration (FHFA), the federal agency acting as conservator for Fannie, but Fannie is the real party in interest in the lawsuit.
This is significantly crazy on multiple levels. It is insane that DOJ has once again refused to prosecute elite bank officials it claims engaged intentionally in fraud in order to become wealthy (and did so). It is insane that DOJ refuses to even bring civil suits against such elite officials when DOJ believes that it establish the facts I have just laid out.''
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