Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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Fannie/Freddie Consolidated Class Action

FHFA, Fannie and Freddie want Judge Lamberth to instruct the jury the PSPAs required payment of a 10% cash dividend, the 12% rate was a penalty provision and the GSEs had no right to elect paying an in kind dividend prior to the Third Amendment, and a copy of that request is attached to this e-mail message.

Shareholders want Judge Lamberth to overrule objections FHFA, Fannie and Freddie made to Dr. Mason's testimony and give the jury an instruction that will restore the balance of a deal the parties made concerning Dr. Mason's expert testimony

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Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.

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