$FNMA #FANNIEGATE

FHFA, Fannie and Freddie delivered a reply in support of its partial reconsideration request to Judge Lamberth today, urging him again to dismiss the shareholder-plaintiffs' implied covenant claims.  A copy of the filing is attached to this e-mail message.  13-mc-01288-0092

Owl Creek and other Jones Day clients submitted an unopposed motion to Chief Judge Sweeney today to correct some statements contained in their sealed brief opposing the government's motion to dismiss about when they acquired their preferred stock in the GSEs, and a copy of the filing is attached to this e-mail message.  The corrections indicate that these shareholders purchased some of their securities prior to the conservatorship and purchased more thereafter.  18-00281-0026