$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
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.

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.
More in Fanniegate
Keep Exploring
Fanniegate Timeline & Evidence
The full timeline, 8 books, and the current status of recapitalization.
Read moreCurrent Positions
26 series of junior preferred stock across Fannie Mae and Freddie Mac.
Read moreFannie & Freddie Privatization Guide
Timeline, recap plan, and what privatization means for preferred and common shareholders.
Read moreScreenplayFANNIEGATE: The Hero Movie
One guy from Indiana who bet everything on Fannie Mae and wouldn't shut up. Full screenplay.
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.