$FNMA #FANNIEGATE
Because the Federal Circuit's decision affirming dismissal of Washington Federal's lawsuit in the Court of Federal Claims is now final, the parties suggest it's appropriate for the government to file its motion to dismiss the Kelly Plaintiffs' complaint and complete briefing on that subject by Nov. 10. Alternatively, the parties tell the Court they're willing to wait and let the Kelly case follow Fairholme's timetable. A copy of the parties' joint status report delivered to Judge Davis yesterday is attached to this e-mail message.
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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.