Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
Fanniegateglenbradford-wordpress

$FNMA #FANNIEGATE

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

16-cv-21224-0056 16-cv-21224-0055 The Edwards Plaintiffs, PwC and FHFA entered into a stipulated voluntary dismissal of this litigation today, and a copy of that Stipulation is attached to this e-mail message.  As part of that negotiated settlement, FHFA withdrew its motions for reconsideration and to compel production of a copy of the settlement agreement today, and a copy of FHFA's withdrawal notice is also attached to this e-mail message.  There's no telling what happened behind the scenes to make this happen.  The easiest thing for Judge Moreno do to is to accept the filings as presented and close this case.

Found this valuable?

Share it with someone who needs to read it.

Share

Act As If

Question Everything, Set Life Goals, Achieve. — Free PDF download or grab it on Amazon.

Enjoyed this? Get more like it.

Glen's Musings — AI, investing, and building things. Occasional. Free.

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.

More in Fanniegate

Keep Exploring

Disclaimer: 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.