$fnma #fanniegate peter chapman notes
Get ready to be confused.
The Government filed a Reply (Doc. 291) today, under seal, in Fairholme v. U.S. The docket entry says it's a Reply to a Response (Doc. 286) filed under seal by Fairholme to the Government's mysterious Motion (Doc. 285) for expedited relief for something it wanted that was filed under seal. We thought that Judge Sweeney's Order (Doc. 287) dated Jan. 26, 2016, also filed under seal, brought an end to whatever dispute was articulated in Docs. 285 and 286.
Apparently not. There's something swirling in the ether related to Doc. 285 that's still under wraps and wasn't completely resolved when the parties filed their Joint Status Report (Doc. 288) on Jan, 28, 2016
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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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