$FNMA #FANNIEGATE
above is a ruling from a fannie mae employee affirmed ruling
Judge Alejandro placed her stamp of approval on the parties' stiulation substituting Director Calabria for Acting Director Otting, and a copy of that filing is attached to this e-mail message.
Treasury responded to Fairholme's motion to compel today, and tells Judge Lamberth Fairholme's request should be denied. Treasury suggests Fairholme get documents it wants about communications between Treasury and FHFA from FHFA and then let Treasury know if something appears to be missing. Treasury stresses it is no longer a party to this action and that none of Fairholme's claims and causes of action against Treasury have survived in any court to date. Treasury tells Judge Lamberth the burden Fairholme wants to impose is undue and disproportionate. A copy of Treasury's filing is attached to this e-mail message
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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.