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

$FNMA #FANNIEGATE

Freddie Mac delivered a handful of documents to the Court in Virginia, copies of which are attached to this e-mail message:

-- a Financial Interest Disclosure Statement (Doc. 7);

-- appearances by Graciela M. Rodriguez, Esq., and Merritt E. McAlister, Esq., at King & Spalding (Docs. 8 and 9);

-- Freddie Mac and FHFA's motion (Doc. 10) to stay Mr. Pagliara's lawsuit until the JPMDL rules on transfer and consolidation or, alternatively, to substitute FHFA for Freddie Mac, and Freddie and FHFA's memorandum (Doc. 11) in support of that request;

-- Freddie and FHFA's notice (Doc. 12) of a May 5, 2016, hearing date on request for a stay; and

-- Freddie Mac's motion (Doc. 13) to extend its deadline to respond to Mr. Pagliara's lawsuit to seven days after the court rules on the motion to stay and notice (Doc. 14) waiving oral argument on this expedited request.

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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.