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

$FNMA #FANNIEGATE

Judge Lamberth's courtroom deputy made a notation on the docket this afternoon reflecting:

    (a) Bala Dharan and Anjan Thakor provided rebuttal testimony today and shareholders rested their rebuttal case;

    (b) Judge Lamberth denied the shareholders' motion about Mr. DeMarco's statement concerning pending legislation while he served as acting directors;

    (c) Judge Lamberth denied FHFA, Fannie and Freddie's request to restrict shareholders' discussion in closing argument about damages;

    (d) FHFA, Fannie and Freddie's renewed their motion for judgment as a matter of law and Judge Lamberth denied the request; and

    (e) closing arguments commenced and will continue at 10:00 a.m. tomorrow.

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