$FNMA #FANNIEGATE

The government filed its response to Washington Federal's supplemental brief today, telling Chief Judge Sweeney she should dismiss Washington Federal's complaint because (a) its claims are essentially derivative rather than direct and (b) it waited too long to complain about the conservatorship. A copy of the government's filing 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.