$FNMA #FANNIEGATE
Edwards vs deloitte
Judge Scola doesn't want to hear anything more about Judge Cacheris' decision denying Mr. Pagliara access to Freddie Mac's books and records. Accordingly, Judge Socla entered a paperless order (Doc. 44) this afternoon denying FHFA's motion to tell him more; the docket entry says:
"PAPERLESS ORDER: On September 1, 2016, the Court granted the Plaintiffs leave to file a surreply in order to address a case cited by the Federal Housing Finance Agency in 34 its response in its response in support to 15 its motion to substitute as plaintiff. The Court only granted the motion because the case, Pagliara v. Federal Home Mortgage Corporation, 2016 WL 4441978 (E.D. Va. Aug. 23, 2016), was decided after the Plaintiffs had filed 20 their response in opposition. The Federal Housing Finance Agency now 39 moves for leave to file a reply to 38 the Plaintiffs' surreply because the Plaintiffs "mischaracterize[] the Pagliara decision." The Court denies 39 the motion. The Federal Housing Finance Agency and the Plaintiffs have now had the opportunity to address the Pagliara case. The Court is capable of reading the parties' arguments and interpreting the case without any further briefing. Signed by Judge Robert N. Scola, Jr. on 9/23/2016. (kbr) (Entered: 09/23/2016)"
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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.