Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$FNMA #FANNIEGATE

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

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Chief Judge Elaine Kaplan in the U.S. Court of Federal Claims entered a series of orders today reassigning all of the lawsuits challenging the government's behavior in Fannie and Freddie's conservatorship proceedings to Judge Sweeney (who elected to continue on senior status following her retirement).  This includes all of the cases the Federal Circuit reviewed and remanded to the Court of Federal Claims and Josh Angel's suit that's been on hold while the Federal Circuit deliberated.  Copies of the orders entered in Fairholme and Angel are attached to this e-mail message.

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Glen Bradford

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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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.