$FNMA #FANNIEGATE
The government responded to Fairholme's motion to dismiss its appeal yesterday evening, and a copy of that filing is attached to this e-mail message. The government asks the court to focus its attention on the mandamus petition rather than the traditional appeal. The government suggests that briefing in the appeal be stayed pending a decision in the mandamus proceeding because if the government prevails in the mandamus action, the government's appeal would be rendered moot.17-1122-0016
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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.