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

$FNMA #FANNIEGATE

16-cv-21224-0056 16-cv-21224-0055 The Edwards Plaintiffs, PwC and FHFA entered into a stipulated voluntary dismissal of this litigation today, and a copy of that Stipulation is attached to this e-mail message.  As part of that negotiated settlement, FHFA withdrew its motions for reconsideration and to compel production of a copy of the settlement agreement today, and a copy of FHFA's withdrawal notice is also attached to this e-mail message.  There's no telling what happened behind the scenes to make this happen.  The easiest thing for Judge Moreno do to is to accept the filings as presented and close this case.

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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.