$FNMA #FANNIEGATE
Fairholme and Berkley filed a motion today telling Judge Lamberth Berkley has opted out of the class and Fairholme has decided it'll be a member of the class. With that in mind, Fairholme proposes to sit on the sidelines while the class and Berkley proceed to a jury trial in July. FHFA can't decide if it likes or dislikes this proposal. A copy of the filing is attached to this e-mail message.
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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.