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

$FNMA #FANNIEGATE

Perry and Fairholme submitted their Reply in support of their request to further supplement the record with copies of recently unsealed documents Judge Lamberth never had the opportunity to see to the D.C. Circuit yesterday.  A copy of their Reply is attached to this e-mail message.14-5243-1619713

"That's a pretty damning response"-David Fiderer

"Very well written. Points out that government lied (repeatedly) in its opposition briefs on the supplemental record. I particularly like the part where they call out the fact that the government obfuscated the administrative record and then wrote:

It requires no small amount of audacity for Treasury to describe Plaintiffs’ evidence as “a selective sliver of untested discovery materials.” Treas. Opp. 2. "

Deepthy Kishore entered her appearance yesterday to round out Treasury's legal team in Mr. Robinson's lawsuit in Kentucky, and a copy of that ministerial filing is attached to this e-mail message.15-00109-0052

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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.