$FNMA court transcript summary i sent to a fellow millionaire
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Thought you might be interested in the latest court activity. The discovery process has been extended. Here are some interesting quotes/exchanges. If you want the entire transcript: http://www.glenbradford.com/2015/02/fnma-court-transcript/
17 THE COURT: You know — if you don’t mind, thank
18 you. Pardon me.
19 You know, I used to sit at the table where you sat,
20 and I knew that on the other side it was citizens of this
21 country bringing a lawsuit against the sovereign. And I just
22 always think it’s important when you know that it’s citizens
23 of the United States that are trying to redress a grievance
24 that — that as much as we are advocates for the sovereign
25 that we also have an obligation in the administration of
1 justice to somehow increase the comfort level of a plaintiff
2 that we are being diligent, that we are being fair, we are
3 being honest.
**
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8 THE COURT: Are you suggesting there’s something
9 unprincipled or improper about seeking discovery from a third
10 party that would prove the jurisdiction of this Court or that
11 would support it?
THE COURT: But if a Plaintiff needs discovery to meet the jurisdictional allegations raised by the United States, let them have it.
**
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25 **I’m trying to wrap my head around the Government complaining
**
the** following are two exchanges with the government:**
11 THE COURT: What’s your — what is your authority?
THE COURT: Well, then, if you don’t know what it
is, then you’re just making it up as you go along.
MR. SCHWIND: We’re definitely not, Your Honor.
And –
THE COURT: Well, of course you are.
here is where THE COURT cuts off the government:
6 THE COURT: Well, is there something –
17 MR. SCHWIND: And I would say, Your Honor –
18 THE COURT: — in that declaration that says that
19 they will not, that they would refrain from seeking discovery
20 from a third party?
21 MR. SCHWIND: No, Your Honor. And, again –
22 THE COURT: Okay, well, that’s — okay, fine.
23 MR. SCHWIND: — you can’t –
24 THE COURT: Thank you. There’s — thank you.
25 MR. SCHWIND: Well, Your Honor, we understand what
1 the Court’s saying, but again, we have been — this is –
2 THE COURT: Well, yeah, it’s a big distinction.
here is the plaintiff explaining what they're doing:
And, so, we thought we would
14 get the Fannie Mae and Freddie Mac documents from the
15 Government. When they said no, we said, okay, well, then,
16 we’ll issue a subpoena.