$FNMA #FANNIEGATE
Judge Lamberth entered an order this morning (x) granting some of FHFA, Fannie and Freddie's motion for summary judgment, (y) denying other parts of that request, and (z) denying the shareholders' motion for partial summary judgment. A copy of that one-page order is attached to this e-mail message. Judge Lamberth's reasoning is under seal for the next week to allow the parties to make sure he hasn't referenced any evidence still under seal.
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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.