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

Robert B. Craig, Esq., representing Ms. Robinson, whose complaint is pending in the E.D. Ky., entered his appearance in MDL 2713 today, and a copy of his appearance is attached to this e-mail message.MDL 2713-0011

Freddie Mac advised the U.S. District Court for the Eastern District of Virginia this afternoon that FHFA has advised the JPMDL that it wants to transfer Mr. Pagliara's lawsuit, and a copy of that notice is attached to this e-mail message.16-00337-0006

FHFA is asking Judge Sleet to stay proceedings in Pagliara v. Fannie Mae until the MDL Panel rules on transfer and consolidation of similar lawsuits challenging the Third Amendment.  Because Judge Sleet has stayed Jacobs v. FHFA, it is more probable than not that this case will also be stayed.  A copy of Fannie Mae's motion is attached to this e-mail message.16-00193-0004

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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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