Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$FNMA #FANNIEGATE

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

"There is no merit to any of Fannie Mae's dismissal arguments," Mr. Pagliara tells the Delaware Chancery Court in a brief filed today, a copy of which is attached to this e-mail message.  Mr. Pagliara points out that Fannie Mae volunteered to be treated as a Delaware corporation in 2002 -- way before conservatorship.  Mr. Pagliara debunks the argument the argument that he's attempting to "restrain or affect" FHFA's powers as a conservator.  Mr. Pagliara tells the Court his request is proper because he wants to obtain factual information solely in Fannie Mae's possession about how the company in which he is a shareholder was raped and in order to have intelligent conversations with fellow shareholders about how to restructure Fannie Mae.12105-0060

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Glen Bradford

Glen Bradford

Investor · Builder · Writer

MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.

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