$FNMA #FANNIEGATE
The Solicitor General filed its brief opposing the Cacciapalle Plaintiffs, Class Plaintiffs and Fairholme's petition for review to the U.S. Supreme Court today, and a copy of the brief is attached to this e-mail message. The Solicitor General tells the High Court that the D.C. Circuit's majority opinion is correct, there is no split of authority among the circuit courts of appeal, and that shareholders overstate the practical importance of the D.C. Circuit's decision.17-578-0006
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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.