$FNMA #FANNIEGATE
In a letter dated June 17, the Justice Department advised the Sixth Circuit panel it doesn't think shareholders have shown the specific harm the Court says is required in its June 10 decision in Calcutt v. FDIC to invalidate agency action after constitutional infirmities in that agency's structure are found. 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.