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

$FNMA #FANNIEGATE

FHFA and Freddie Mac delivered their papers to Judge Cacheris explaining why Mr. Pagliara should not have access to Freddie Mac's books and records.  Copies of those papers are attached to this e-mail message.  FHFA and Freddie Mac say that HERA transferred stockholders' rights to FHFA so Mr. Pagliara has no inspection or investigation rights to exercise.  Moreover, the Defendants say, HERA fully insulated FHFA from all litigation.16-00337-003516-00337-003316-00337-0034

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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.