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

$FNMA #FANNIEGATE

FHFA, Fannie Mae and Freddie Mac oppose Messrs. Jacobs and Hindes' Motion to Amend their Complaint to the extent that request contemplates that the GSEs will provide shareholders with notice of dismissal of Counts III through X by filing a Form 8-K.  FHFA and the GSEs remind Judge Sleet about HERA's succession provision to say no notice is necessary, notice of a partial dismissal isn't required anyway, and if notice is required then Messrs. Jacobs and Hindes should foot the bill.  A copy of this afternoon's filing is attached to this e-mail message.15-00708-0051

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