Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$FNMA March 28 #FANNIEGATE

The Clerk made a notation on the docket sheet in Jacobs v. FHFA this afternoon that Judge Sleet has directed the lawyers to organize a teleconference at 10:00 a.m. on Mon., Mar. 28, 2016, and patch his chambers into the the call once everybody's assembled.  The purpose of the call is to discuss the government's motions to dismiss (which are now fully briefed) and the transfer notice FHFA delivered to the Court earlier this week.

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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.