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

$FNMA #FANNIEGATE

Under seal, the Saxton Plaintiffs filed their Amended Complaint in the Northern District of Iowa yesterday.  Shortly thereafter, Chief Judge Reade denied FHFA and Treasury's Motions to Dismiss the original complaint as moot.

Magistrate Scoles entered an order today directing Treasury and FHFA to file an Administrative Record by Mar. 10, 2016.

A copy of Magistrate Scoles' order is attached to this e-mail message.15-00047-0062

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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.