Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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$FNMA #FANNIEGATE

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

FHFA filed a cross-motion for summary judgment on the Collins Plaintiffs' constitutional claim and a memorandum in opposition to the Collins Plaintiffs' motion for summary judgment on that claim and in support of its cross-motion.  Copies of those filings are attached to this e-mail message.  FHFA argues that its structure comports with established precedent and is entirely constitutional.  Moreover, FHFA says, even if FHFA were unconstitutional, the Third Amendment would still stand. 16-cv-03113-0035 16-cv-03113-0036

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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.

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