$FNMA I AM GOING TO BE RICH the Government is forwarding a schizophrenic approach and I'm reasonable
THE COURT: And so far, I haven’t gotten -- I 21 haven’t received a good answer from the Government. Counsel 22 is very able. But counsel has expressed concern of what 23 could happen if certain documents are released, which I do 24 not want to see happen, but counsel didn’t answer to my 25 satisfaction the discrepancy between sort of using the
1 deliberative process as sword and shield. On one hand, FHFA 2** is** a government entity, you know, for purposes of booting the 3 Plaintiffs out of court and not part of the Government, but 4 for purposes of forwarding discovery, all of a sudden 5 deliberative process is appropriate because they are part of 6 the Government. So, it’s a schizophrenic approach and I’m 7 just waiting to hear a reasonable explanation.
http://www.valueplays.net/wp-content/uploads/619-Hearing.pdf
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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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