$FNMA #FANNIEGATE
A filed copy of the government's petition to the Federal Circuit for a writ of mandamus telling Judge Sweeney to deny Fairholme's motion to compel is attached to this e-mail message.17-104-0002
Mandamus petitions are generally acted on more quickly than regular appeals. Federal Rule of Appellate Procedure 21(b)(6) directs that a mandamus "proceeding must be given preference over ordinary civil cases." The Federal Circuit can deny the government's petition without hearing anything from anybody about it, or the Court can invite parties (including Judge Sweeney) to respond to the petition.
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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.