$FNMA #FANNIEGATE

Posted on April 19, 2017

“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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