$FNMA #FANNIEGATE
At yesterday's status conference, Owl Creek tendered two documents Chief Judge Sweeney outlining:
-- how it envisions her Dec. 6 order might be applied to the government's omnibus motion to dismiss complaints filed by shareholders represented by Jones Day; and
-- the specific harm the government has caused GSE shareholders;
Chief Judge Sweeney asked Jones Day to file those documents publicly; and copies are attached to this e-mail message.
The government's agreed to respond to Owl Creek and other litigating shareholders' requests for entry of orders concerning its omnibus motions to dismiss in their cases by Wed., Mar. 18, 2020.
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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.