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

Fairholme asked Judge Lamberth for permission to file its amended complaint late yesterday, and a copy of Fairholme's request and proposed amended complaint are attached to this e-mail message. Fairholme's amended complaint shows Judge Lamberth the evidence it found during jurisdictional discovery contradicting Mario Ugoletti's sworn statement that nobody at FHFA, Fannie and Freddie had talked -- prior to implementation of the Net Worth Sweep -- about reversing deferred tax asset accounting entries on the GSEs' books that would generate massive profits for Treasury's sole benefit.13-cv-01053-0066

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