Fannie Mae climbs 9 percent as probe report nears

It happened Thursday but it's noteworthy.Reuters reports:

Fannie Mae (FNM.N: Quote, Profile, Research) shares soared more than 9 percent on Thursday after an investigator hired by the mortgage finance giant indicated he had discovered no new accounting problems.

Former New Hampshire Republican Sen. Warren Rudman on Wednesday said he was still drafting parts of his report on Fannie's multibillion-dollar accounting problems and was reviewing new documents in the case.

Warren Rudman said David Souter would make the conservative Republican base happy as a Supreme Court justice.You get my drift.