@GrassleyOffice @ChuckGrassley $FNMA #FANNIEGATE
my shorthand to treasury/fhfa if i was grassley
i saw a document that you didn't file that looks like it should have been filed, and i saw that this case was dismissed but is on appeal and it's interesting because now, there's this document, and not only is there this document but over in another court there are thousands of documents that you don't want anyone to see, and this document demonstrates that your preference is outside the scope of the prevailing statutory law HERA
so, i was curious, and so anyway i've got this team now... http://www.reuters.com/article/2015/04/14/us-usa-senate-investigation-idUSKBN0N51ZN20150414
and so, now that i have this team, and we're over here twiddling our thumbs and we figured that... we might as well start licking them and using those thumbs to flick through some of your claims and ... well, wait a second, your public statements don't seem to match up very well with your interoffice memos or the prevailing law, and oh wait, what .. oh no, you seem to be confusing profits with tax revenue, oh is that because you're jealous of how great it would be if instead of being a beurocrat you might have worked at a for profit private company?
oh and you're tired of keeping up with the joneses who work at fannie? so you decided to kneecap them?
smart.. but, no cigar
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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.