$FNMA #FANNIEGATE
FHFA, Fannie Mae and Freddie Mac oppose Messrs. Jacobs and Hindes' Motion to Amend their Complaint to the extent that request contemplates that the GSEs will provide shareholders with notice of dismissal of Counts III through X by filing a Form 8-K. FHFA and the GSEs remind Judge Sleet about HERA's succession provision to say no notice is necessary, notice of a partial dismissal isn't required anyway, and if notice is required then Messrs. Jacobs and Hindes should foot the bill. A copy of this afternoon's filing is attached to this e-mail message.15-00708-0051
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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.