Judge dismisses former Fannie Mae CFO from securities class action

, The National Law Journal


For the second time in less than a month, a Washington federal judge has dismissed a former top Fannie Mae official from a sprawling securities fraud class action against the mortgage giant and its former officers.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Continue to Lexis Advance®

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

What's being said


    First, the GOV (actually the Fed Corp) Orders and Demands that Lenders "obey" or lose funding via HMDA(labeling humans to separate, and give special deals to special folks) and "give money to everybody- "equally" (Anti-Capitalism, Anti-American, and Govt-ordered Re-Distribution of the FEDS $$) THEN - they target the banks that refuse to submit to the Nationalized Socialist Public Policy -THEN - they turn blame on the Lenders that attempted to comply as best they could -some with a thread of conscience by SOME CEO's - and Still the "Lenders" are the scapegoats????...Lets call it what it is - and Eliminate the Oligarchy's Central Bank and it's Tyrannical Reign over our Nation and it's People's! Let's START with DE-FUNDING the Federalista's Federal Judicial Branch - after all - the National Government is SUPPOSED to be the SMALLEST of all our governments. DEFUND across the board all 3 branches of FED govt...THEN - The People will have control of THEIR united Nations again.

  • ColorBlindJustice

    The fix is in, and apparently it goes all the way up to the judiciary. Liberal Judge Leon doesn't want to make news three weeks before Election Day with a ruling that would refocus attention on the government's culpability in the housing bubble and ensuing financial crash while President Obama is still blaming it all on Gov. Romney's Wall Street fat-cat pals (and George Bush).

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202575149948

Thank you!

This article's comments will be reviewed.