$FNMA #FANNIEGATE
Judge Reade heard 2-1/2 hours of oral argument this morning on FHFA and Treasury's motions to dismiss the Saxton Plaintiffs' lawsuit challenging the Net Worth Sweep. Judge Reade has taken the matter under advisement and will issue her decision in the coming weeks or months. A copy of the Hearing Minutes documents is attached to this e-mail message. A transcript should be prepared in the coming days.15-00047-0104
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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.