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

$FNMA #FANNIEGATE

Treasury filed its brief this afternoon in the Sixth Circuit opposing Ms. Robinson's challenge of the Net Worth Sweep.  Treasury points the Sixth Circuit panel to HERA's anti-injunction and shareholder succession provision as reasons to reject Ms. Robinson's appeal, and argues that Treasury did nothing improper when it entered into the Third Amendment.  A copy of Treasury's brief is attached to this e-mail message.16-6680-0026

FHFA filed its brief this evening in the Sixth Circuit opposing Ms. Robinson's challenge of the Net Worth Sweep.  FHFA tells the Sixth Circuit stands on its tried and true "HERA says nobody can sue us" position, and is dismissive of Ms. Robinson's other arguments.  FHFA urges the Sixth Circuit to affirm Chief Judge Caldwell's decision dismissing Ms. Robinton's lawsuit.  A copy of FHFA's brief is attached to this e-mail message.16-6680-0027

Found this useful? Share it.

Act As If

Question Everything, Set Life Goals, Achieve. — Free PDF download or grab it on Amazon.

Enjoyed this? Get more like it.

Glen's Musings — AI, investing, and building things. Occasional. Free.

Related Posts

Keep Exploring

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.