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

Closing 2009 (Dec 31)

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

Hey, I'm sitting in Cairo Egypt. Sorry if I missed any of your calls. It's pretty crazy out here. Anyway, this is what is you get after I take 20%.

I do want to say that I reserve the right to be wrong on these numbers, as they are year ending and I'm going to have an accountant verify them to close out the year but am pretty sure that they are correct. Part of this reserve is the fact that I'm mildly disorientated because I'm in another country I suppose.

I'll do my best to continue to not lose your money, as always.

Glen

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Glen Bradford

Glen Bradford

Investor · Builder · Writer

MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.

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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.