$FNMA #FANNIEGATE
The parties filed a joint status report in the Court of Federal Claims today. That status report tells Judge Sweeney "the parties have been unable to agree on the appropriate next steps in this case." Mr. Angel tendered a 24-page draft of a proposed stipulation and settlement agreement he'd like the government to execute. Judge Sweeney entered an order directing the parties to file a status report within 30 days after the Federal Circuit's decision becomes final and non-appealable. Copies of today's three filings are attached to this e-mail message.
The parties filed a joint status report in the Court of Federal Claims today. That status report tells Judge Sweeney "the parties have been unable to agree on the appropriate next steps in this case." Mr. Angel tendered a 24-page draft of a proposed stipulation and settlement agreement he'd like the government to execute. Judge Sweeney entered an order directing the parties to file a status report within 30 days after the Federal Circuit's decision becomes final and non-appealable. Copies of today's three filings are attached to this e-mail message.
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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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Read moreDisclaimer: 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.