$FNMA #FANNIEGATE
In a letter addressed to Judge Sleet today, Mr. Pagliara's lawyers in Delaware urge the Court, once again, to consider and decide Mr. Pagliara's remand request before addressing FHFA's substitution request and before substitution decision, and, in the event that the Court wants to rule on substitution before remand, wait until a ruling comes from the D.C. Circuit in Perry v. Lew. Mr. Pagliara's lawyers also direct Judge Sleet's attention to a recent decision in Lightfoot v. Cendant that says federal courts aren't the only places where Fannie Mae can sue and be sued. A copy of the letter sent to Judge Sleet today is attached to this e-mail message.16-00193-0035
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
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
Fanniegate Timeline & Evidence
The full timeline, 8 books, and the current status of recapitalization.
Read moreCurrent Positions
26 series of junior preferred stock across Fannie Mae and Freddie Mac.
Read moreFannie & Freddie Privatization Guide
Timeline, recap plan, and what privatization means for preferred and common shareholders.
Read moreScreenplayFANNIEGATE: The Hero Movie
One guy from Indiana who bet everything on Fannie Mae and wouldn't shut up. Full screenplay.
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.