Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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Shelby's Reg Relief Bill Great Except for Title VII GSE REFORM. REMOVE THAT AND GO GO GADGET $FNMA #FANNIEGATE

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

Regarding the section on GSE reform...

Maybe someone on the Senate Banking Committee will put the puzzle pieces together and show why each action is unwise and fraught with greater problems and that the large banks just are not worthy managers of both the primary and secondary mortgage markets, which ultimately they will control if Shelby and his allies prevail.

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Glen Bradford

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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Disclaimer: 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.