Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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Fairholme, Arrowood, the Class Plaintiffs, FHFA, Fannie and Freddie presented a stipulation to Judge Lamberth this past week for the handling of confidential and privileged documents in litigation before the U.S. District Court for the District of Columbia.  The agreed order is similar to the protective order entered by Judge Sweeney in the U.S. Court of Federal Claims.  A copy of the stipulation (and proposed protective order) is attached to this e-mail message.

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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.