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

if i fits i sits #FANNIEGATE $FNMA

The Government filed its Response (Doc. 284) to Fairholme's Motion to Compel late last night.  The filing is under seal, so we won't get to see the Governments justifications for why it believes it has properly withheld more than 11,000 documents in whole or in part from Fairholme today.  We should see a redacted copy of yesterday's filing in a couple of weeks' time.  Fairholme is scheduled to file its Reply by Feb. 1, and it's likely that filing will be made under seal because it will discuss the content of confidential discovery materials.

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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.