$Fnma #Fanniegate
Fairholme, Arrowood and the Class Plaintiffs tell Judge Lamberth there's no reason to reconsider his Sept. 28, opinion because FHFA is advancing "a misguided attempt to rehash old arguments and relitigate issues that th[e] Court has completely and correctly decided." Importantly, the shareholder-plaintiffs tell Judge Lamberth, FHFA hasn't brought anything new before the court; FHFA repeats what it's already argued without success. The shareholder-plaintiffs urge Judge Lamberth to reject FHFA's " last-ditch attempt to relitigate a theory that this Court already considered and rejected." A copy of today's filing is attached to this e-mail message.13-mc-01288-0091
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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.