$FNMA #FANNIEGATE
The Eighth Circuit released a seven-page opinion today, and a copy's attached to this e-mail message. The Eighth Circuit says Judge Schiltz erred in dismissing the Bhatti Plaintiffs' suit, it reversed the dismissal of plaintiffs' separation-of-powers claim, and the appellate panel has remanded the case to the district court to determine if shareholders suffered compensable harm and are entitled to retrospective relief.