Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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FHFA lawyer Howard Cayne at Arnold & Porter advised the Eighth Circuit about the Sixth Circuit's decision to reject Ms. Robinson's challenge of the Net Worth Sweep based on her APA claims and Judge Sleet's decision to reject Messrs. Jacobs and Hindes' state law claims to invalidate the Third Amendment.  A copy of Mr. Cayne's letter to the Eighth Circuit is attached to this e-mail message.17-1727-0023

FHFA lawyer Howard Cayne at Arnold & Porter advised the Fifth Circuit about the Sixth Circuit's decision to reject Ms. Robinson's challenge of the Net Worth Sweep based on her APA claims and Judge Sleet's decision to reject Messrs. Jacobs and Hindes' state law claims to invalidate the Third Amendment.  A copy of Mr. Cayne's letter to the Fifth Circuit is attached to this e-mail message.17-20364-00514258134

The Bhatti Plaintiffs delivered their reply in support of their motion for summary judgment to Judge Schiltz today pressing forward with their constitution claims, and telling the court that it "should vacate the Net Worth Sweep and strike down the provisions of HERA that make FHFA one of the most powerful, least accountable agencies in our Nation's history."  A copy of the Bhatti Plaintiffs' filing is attached to this e-mail message.17-cv-02185-0051

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