$FNMA #FANNIEGATE
FHFA has alerted the Eighth Circuit to a recent decision by the U.S. Court of Appeals for the First Circuit in Aurelius v. Commonwealth finding that the restructuring work done by unconstitutionally appointed board members was not invalid and would not be vacated. A copy of FHFA's filing is attached to this e-mail message.
FHFA has alerted the Fifth Circuit to the recent decision by the U.S. Court of Appeals for the First Circuit in Aurelius v. Commonwealth finding that the restructuring work done by unconstitutionally appointed board members was not invalid and would not be vacated. A copy of FHFA's filing is attached to this e-mail message, and a copy of the WestLaw version of the First Circuit's opinion is attached to Arnold & Porter's letter.
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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.