Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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FHFA and the Montilla Plaintiffs delivered their reply briefs to the First Circuit Friday afternoon.  This brings briefing about whether FHFA is a government actor to a close.  FHFA expressed its disagreement with Owl Creek's input.  Copies of the parties' briefs are attached to this e-mail message.

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