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

More papers were filed in Chicago late yesterday and today:

-- Doc. 26, an Agreed Motion extending FHFA and Treasury's time to file their motions for dismiss to 30 days after Judge Chang rules on the Motion to Stay (Doc. 23);

-- Doc. 27, a Notice indicating that the Agreed Motion is scheduled for a hearing on Apr. 11;

-- Doc. 28, a Joint Initial Status Report relating nothing new except that "[n]o settlement discussions have occurred [and] the Parties do not believe that settlement is likely in this case . . .";

-- Doc. 29, an Appearance by Caroline J. Anderson, Esq., at the Dept. of Justice in D.C.; and

-- Doc. 30, a Notice indicating that Judge Chang granted the requests by FHFA's lawyers at Arnold & Porter to appear pro hac vice.

Copies of these five documents are attached to this e-mail message.16-02107-003016-02107-002616-02107-002716-02107-002816-02107-0029

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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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