Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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*Without explanation, the Fourth Circuit extended the briefing schedule today so that:

(a) Jan. 17 is the deadline for Mr. Pagliara to file his Opening Brief and an Appendix;

(b) Feb. 21 is the deadline for Freddie Mac and FHFA to file their Responses; and

(c) Mar. 7 is the outside deadline for Mr. Pagliara to file a Reply.

A copy of today's scheduling order is attached to this e-mail message.*16-2090-0019

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