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

The Rop Plaintiffs delivered their three briefs to the District Court in Kalamazoo late yesterday, and copies are attached to this e-mail message.  The three filings are:

-- a motion for summary judgment (Doc. 30) and a brief in support (Doc. 33) for a legal ruling on the constitutionality of FHFA's organizational structure;

-- a response (Doc. 31) to Treasury's motion to dismiss, saying the Perry ruling isn't the final authorty; and

-- a response (Doc. 32) to FHFA's motion to dismiss, disagreeing with FHFA's view that it can do whatever it pleases with the GSEs and their assets.17-cv-00497-0031 17-cv-00497-0032 17-cv-00497-0033 17-cv-00497-0030

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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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