Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$FNMA #FANNIEGATE

Mr. Sammons delivered an Informal Reply Brief to Fairholme's Brief, and a copy of the document is posted at http://bankrupt.com/misc/17-1015-0023.pdf because of its size.  Mr. Sammons shares a copy of a law review article asserting that the U.S. Court of Federal Claims is an unconstitutional Article I court and urging the Congress to require takings claims to be decided by Article III judges.

The Clerk has indicated on the docket sheet that the Federal Circuit elected to construe Mr. Sammons' filing as a motion to supplement his Informal Reply Brief (Doc. 19) filed on Nov. 21, and that Fairholme and the government are free to respond to Mr. Sammons' latest filing by Dec. 23.

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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.