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

$FNMA #FANNIEGATE

Ms. Robinson -- in concert with the government and without objection by Fairholme -- has advised Judge Sweeney that:

-- the United States, FHFA, Fannie, Freddie, Grant Thornton, PwC and Deloitte will let Ms. Robinson know by Mon., May 16, 2016, if they consent to unsealing the documents Ms. Robinson wants;

-- in the event those entities don't consent, they will file their responses to Ms. Robinson's request no later than Thurs., May 19, 2016; and

-- Ms. Robinson will file her reply no later than Fri., May 20, 2016.

13-465-0322A copy of today's filing memorializing this agreement is attached to this e-mail message.

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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.