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

$FNMA #FANNIEGATE

"There is no merit to any of Fannie Mae's dismissal arguments," Mr. Pagliara tells the Delaware Chancery Court in a brief filed today, a copy of which is attached to this e-mail message.  Mr. Pagliara points out that Fannie Mae volunteered to be treated as a Delaware corporation in 2002 -- way before conservatorship.  Mr. Pagliara debunks the argument the argument that he's attempting to "restrain or affect" FHFA's powers as a conservator.  Mr. Pagliara tells the Court his request is proper because he wants to obtain factual information solely in Fannie Mae's possession about how the company in which he is a shareholder was raped and in order to have intelligent conversations with fellow shareholders about how to restructure Fannie Mae.12105-0060

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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.