$fnma #fanniegate
Highfields and Wazee weighed in yesterday, and copies of their Joint Status Reports are attached to this e-mail message. Highfields is content to sit on the sidelines while Fairholme pursues an interlocutory appeal in the Federal Circuit. Wazee tells Chief Judge Sweeney its derivative claims should proceed and the government should now be forced to respond to all of the Wazee Plaintiffs' claims.
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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.