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

$FNMA #FANNIEGATE

The Roberts Plaintiffs oppose FHFA and Treasury's request for a stay, and a copy of their Memorandum in Opposition is attached to this e-mail message.

The Roberts Plaintiffs direct Judge Chang's attention to the words FHFA used when the regulatory agency opposed the transfer and consolidation of a bunch of cases concerning real estate transfer taxes in 2012, for the proposition that FHFA's request that the JPMDL transfer and consolidate isn't a sure thing.  The Roberts Plaintiffs urge Judge Chang to keep their lawsuit in Chicago moving forward unless and until the JPMDL tells him to do something else.16-02107-0031

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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.