$fnma #FANNIEGATE
13-465-0297 Fiarholme filed a redacted version of its Reply in support of its Motion to Compel this morning, and a copy is attached to this e-mail message.
Although the Government's Response (Doc. 284) is still under seal, Fairholme's Redacted Reply gives us some glimpses of the Government's arguments in support of withholding the 11,000 documents it doesn't want Fairholme to have. Fairholme tells us, for example, in the first sentence of its Redacted Reply that the Government characterizes the Motion to Compel, challenging the Government's privilege assertions, as "'picking the lint' off the Government's massive document production in this case."
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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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