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

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

Fairholme and the Class Plaintiffs filed a motion this evening asking Judge Lamberth to prevent FHFA, Fannie and Freddie from introducing six categories of documents at trial in October and prohibiting discussion of those six topics in front of the jury.  A copy of that public filing is attached to this e-mail message.  This evening's filing provides some hints about how the parties want to mold and shape the evidence and argument Judge Lamberth will allow the jury to see, hear and consider when he asks that group to deliberate and render its verdict.

FHFA filed two additional motions under seal this evening, and those documents presumably ask Judge Lamberth to limit what the jury will allowed to see and hear.

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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.