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

$FNMA #FANNIEGATE

Judge Reade entered her order and judgment this afternoon granting FHFA and Treasury's motions to dismiss the Saxton Plaintiffs' complaint, and copies of those documents are attached to this e-mail message.  Judge Reade finds that the Saxton Plaintiffs' claims are derivative rather than direct.  Judge Reade adopts the majority opinion in Perry v. Mnuchin in full.15-00047-0106 15-00047-0105

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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.