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

FHFA and Freddie Mac delivered their papers to Judge Cacheris explaining why Mr. Pagliara should not have access to Freddie Mac's books and records.  Copies of those papers are attached to this e-mail message.  FHFA and Freddie Mac say that HERA transferred stockholders' rights to FHFA so Mr. Pagliara has no inspection or investigation rights to exercise.  Moreover, the Defendants say, HERA fully insulated FHFA from all litigation.16-00337-003516-00337-003316-00337-0034

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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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