$FNMA #FANNIEGATE
David Thompson at Cooper & Kirk, representing the Roberts Plaintiffs, tells the Seventh Circuit in a letter filed today that the Sixth Circuit and Judge Sleet read HERA way too expansively. "HERA confers on FHFA a limited set of enumerated powers . . . and pillaging the Companies' balance sheets is not among them," Mr. Thompson says. Mr. Thompson urges the Seventh Circuit to tell FHFA it's gone too far and follow Judge Brown's dissent. A copy of the letter is attached to this e-mail message.17-1880-0046
Mr. Thompson sent a similar letter to the Eighth Circuit today, and a copy of that letter is attached to this e-mail message.17-1727-0024
Mr. Thompson continued his letter writing campaign today by telling the Fifth Circuit to follow Judge Brown's reasoning, and a copy of that letter is attached to this e-mail message.17-20364-00514265203
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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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