Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.

This is why I’m Write

Glen Bradford
Glen Bradford@DoNotLose
·2 min read

After being successfully unpublished for one newsletter, I figure I’ll give it another shot. Honestly, odds are that these article is ‘lost.’ I am supposed to cover current events. I don’t spend time learning about much at all, but I would like to think I can talk freely about money and how not to waste it. I’ve been known to do some pretty daredevil things, like find a mattress set in the dumpster and turn around to sell it. So, I just wrote a huge article about nothing and deleted it. It’s time to write about what you people wanna read. People like stories of failure, because they can relate. Hey, that’s why I like watching the Cubs. Well, my latest failure, I’ll call the carpool scandal. Essentiallly, I found myself in an apartment complex, where within the same 10 parking spots, the same 6 cars were going to GE’s buildings 1,2, and 3 at around 8 am plus or minus 30 minutes. These cars were also traveling back to those starting spots around 5 pm. The best part about it was that each car had one driver, no passengers. If I was forced to estimate, I would estimate that on average, these cars held about 4 people comfortably. No one wants to ride in a middle seat. So, I began exploiting this one Monday morning where I just sat outside at 7:30am, and waited for the first person to show up; essentially a ‘slow race.’ A slow race is where the fastest person loses. Then, at 5pm, I would go stand outside of building 2 and keep an eye out for people heading back to my apartment. I saw this as being green, and unproblematic. Nobody would ever wait on me. Essentially very lean. I was wrong. Boy was I wrong. Within a week, I was protested. The individuals I was riding along with were upset that I was getting a ‘free ride’ and had conspired against me; wanting me to drive myself, preferring the situation of 6 individuals driving to and from the same place separately every single day. Oh, the horror of inconvenience. Yes, I was an inconvenience, a burden, a pain in the neck. I tried buying presents for these individuals I had offended. So, to those people out there that like to carpool; don’t even think about it. If you really are looking for an option, you might consider riding the bus. It’s very dependible and the bus driver won’t conspire against you.

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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.