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

$fnma #fanniegate

Highfields and Wazee weighed in yesterday, and copies of their Joint Status Reports are attached to this e-mail message.  Highfields is content to sit on the sidelines while Fairholme pursues an interlocutory appeal in the Federal Circuit.  Wazee tells Chief Judge Sweeney its derivative claims should proceed and the government should now be forced to respond to all of the Wazee Plaintiffs' claims.

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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.