Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$fnma $fanniegate

FHFA advised the Fifth Circuit yesterday that Joseph Otting displaced Mel Watt as its Director this week so the case caption can be appropriately amended, and a copy of that letter is attached to this e-mail message.

The Fifth Circuit has scheduled an en banc hearing for Wed., Jan. 23, 2019, in New Orleans -- see http://www.ca5.uscourts.gov/clerk/calendar/1901/01-23.htm -- and an audio recording should be freely available later that day.

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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.