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

$FNMA #FANNIEGATE

FHFA and Treasury delivered their replies in support of their motions to dismiss the Collins Plaintiffs' complaint to Judge Atlas late this evening, and copies of those replies are attached to this e-mail message.  Congress, FHFA says, made it clear that the agency is insulated from lawsuits and there are no exceptions applicable to GSE shareholders.  Treasury maintains its position that Judge Atlas has no jurisdiction to entertain the Collins Plaintiffs' complaint and it should be dismissed.16-cv-03113-0038 16-cv-03113-0037

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