$FNMA #FANNIEGATE
Four documents were delivered to the D.C. Circuit today:
(A) Fairholme's unopposed motion to unseal its third motion (Doc. 1659133, filed Feb. 2, 2017) to supplement the record;
(B) Fairholme's reply in support of its third motion (Doc. 1659133) asking the D.C. Circuit to review more discovery materials;
(C) the Class Plaintiffs' letter pooh-poohing FHFA's excitement about Judge Scola's decision dismissing the Edwards Plaintiffs' lawsuit against Deloitte; and
(D) the Class Plaintiffs' letter alerting the Court to (i) the U.S. Supreme Court's recent decision in Lightfoot v. Cendant and (ii) a recent decision by the Delaware Supreme Court's decision in Dieckman v. Regency discussing the implied covenant of good faith and fair dealing;
and copies of those four filings are attached to this e-mail message.14-5243-1661273 14-5243-1661267 14-5243-1661268 14-5243-1661271
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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.