$FNMA #FANNIEGATE
Marching forward to a hearing on Dec. 9, the parties want the High Court to entertain 100 minutes of oral argument allocated this way:
-- 40 minutes for the Federal Parties; -- 15 minutes for the court-appointed amicus arguing FHFA's structure is constitutional; and -- 45 minutes for Shareholders;
and a copy of that request is attached to this e-mail message.
Additionally, three amicus briefs were filed today by:
(A) Constitutionality Accountability Center in support of the court-appointed amicus; (B) Prof. John Harrison in support of the Federal Parties advocating severability and no relief to shareholders; and (C) Jed H. Shrgerman in support of the court-appointed amicus;
and copies of those three amicus briefs are 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.