Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
|glenbradford-wordpressFanniegate|1 min read

$FNMA #FANNIEGATE

The Class Plaintiffs presented their request for certification of three classes of GSE security holders to Judge Lamberth today.  The three classes are all Fannie Mae Junior Preferred Shareholders, all Freddie Mac Junior Preferred Shareholders, and all Freddie Mac common shareholders.  Copies of today's request are attached to this e-mail message.

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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.