$FNMA #FANNIEGATE
Three GSE shareholders filed a fresh lawsuit in the U.S. District Court for the District of Minnesota today, and a copy of their complain is attached to this e-mail message. The Bhatti Plaintiffs are represented by Scott D. Knudson at Briggs and Moran, P.A., in Minneapolis. The Bhatti Plaintiffs want the Court to vacate and set aside the third amendment, declare that FHFA's structure is unconstitutional, and strike HERA's provisions that FHFA interpret to empower it to do whatever it wants with the GSEs and their assets. 17-cv-02185-0001
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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.