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

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

The Government filed a Motion (Doc. 285) this evening requesting that Judge Sweeney grant some type of relief on an expedited basis.  Because the Motion was filed under seal, we have no idea what's being requested.  The docket entry indicates that the Motion is unopposed.

Approximately ninety minutes after the Motion was filed, Fairholme filed a Response (Doc. 286) to the Motion.  Because the Response was filed under seal, we have no idea what Fairholme shared with Judge Sweeney.

If the Government wants to file a Reply, it will be due by Feb. 4.

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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.