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

The parties tell Judge Lamberth FHFA and the GSEs have turned over 65,000 documents consisting of more than 650,000 pages since Aug. 7, 2019, in addition to extensive privilege logs.  As a result, the parties say the scheduling order was too optimistic and the deadlines previously set need to be extended by 150 days.  A copy of the parties' request is attached to this e-mail message.  This change will push a trial before Judge Lamberth into Mar. 2021.

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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.