#FANNIEGATE $FNMA
Judge Sweeney released a copy of her sealed Order (Doc. 287) dated Jan. 26, 2016, this afternoon, and a copy is attached to this e-mail message.
So now we know that:
-- Doc. 285 was a the Government's Notice of Apparent Violation of the Protective Order;
-- Doc. 286 was Fairholme's Response to that filing;
-- Doc. 291 was the Government's Reply that Response;
-- Mr. Parrott was deposed on Jan. 20, 2016, and his lawyer instructed him not to answer multiple questions;
-- Judge Sweeney okayed Mr. Parrott correcting the record that he did not invoke his Fifth Amendment privilege; and
-- Judge Sweeney will be issuing an order in the future determining whether the Protective Order was violated.
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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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Read moreDisclaimer: 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.