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

A Decade of Thinking Out Loud

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From the bottom of the 2008 financial crisis to the Fanniegate saga. Value investing theses, China fraud exposés, book notes, Salesforce development — and everything in between.

56+ years. 2,726 posts. Searchable. Filterable. Every word preserved.

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