$FNMA #FANNIEGATE
The Department of Justice filed its appearance in MDL 2713 today and filed a Response favoring FHFA's request for transfer and consolidation, and copies of those two filings are attached to this e-mail messageMDL 2713-0008 MDL 2713-0007
Justice department, FHFA & Treasury say that MDL is needed because of “one or more common facts”. But MDL requires “at least two common facts”. That means MDL needs “two or more common facts”. The Jacob case does not have two common facts with other three litigations. The corporate law and APA are two different laws therefore they cannot be combined for MDL. The justice department is trying to fool judges.
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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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