Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$FNMA court transcript summary i sent to a fellow millionaire

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Thought you might be interested in the latest court activity. The discovery process has been extended. Here are some interesting quotes/exchanges. If you want the entire transcript: http://www.glenbradford.com/2015/02/fnma-court-transcript/

17 THE COURT: You know — if you don’t mind, thank

18 you. Pardon me.

19 You know, I used to sit at the table where you sat,

20 and I knew that on the other side it was citizens of this

21 country bringing a lawsuit against the sovereign. And I just

22 always think it’s important when you know that it’s citizens

23 of the United States that are trying to redress a grievance

24 that — that as much as we are advocates for the sovereign

25 that we also have an obligation in the administration of

1 justice to somehow increase the comfort level of a plaintiff

2 that we are being diligent, that we are being fair, we are

3 being honest.

**

**

8 THE COURT: Are you suggesting there’s something

9 unprincipled or improper about seeking discovery from a third

10 party that would prove the jurisdiction of this Court or that

11 would support it?

THE COURT: But if a Plaintiff needs discovery to meet the jurisdictional allegations raised by the United States, let them have it.

**

**

25 **I’m trying to wrap my head around the Government complaining

**

the** following are two exchanges with the government:**

11 THE COURT: What’s your — what is your authority?

THE COURT: Well, then, if you don’t know what it

is, then you’re just making it up as you go along.

MR. SCHWIND: We’re definitely not, Your Honor.

And –

THE COURT: Well, of course you are.

here is where THE COURT cuts off the government:

6 THE COURT: Well, is there something –

17 MR. SCHWIND: And I would say, Your Honor –

18 THE COURT: — in that declaration that says that

19 they will not, that they would refrain from seeking discovery

20 from a third party?

21 MR. SCHWIND: No, Your Honor. And, again –

22 THE COURT: Okay, well, that’s — okay, fine.

23 MR. SCHWIND: — you can’t –

24 THE COURT: Thank you. There’s — thank you.

25 MR. SCHWIND: Well, Your Honor, we understand what

1 the Court’s saying, but again, we have been — this is –

2 THE COURT: Well, yeah, it’s a big distinction.

here is the plaintiff explaining what they're doing:

And, so, we thought we would

14 get the Fannie Mae and Freddie Mac documents from the

15 Government. When they said no, we said, okay, well, then,

16 we’ll issue a subpoena.

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