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

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Fanniegate Watch

Weekly analysis on the largest fraud in American capital markets history — from the guy who put his entire net worth on the line to prove it.

50-100k views/week on Twitter. 300+ SeekingAlpha articles. 9 books. Now distilled into one weekly email.

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What You Get Every Week

One email. No filler. Just the signal.

Weekly GSE Recap

Court filings, Treasury moves, share price action, Congressional signals. Everything that happened, explained in plain English by someone with skin in the game.

Market Analysis

I called the bottom in 2009. I warned about Chinese fraud in 2011. I don't always get it right, but when I do, I get it really right. And I show my work.

Position Updates

What I'm holding, what I'm watching, and why. I don't respect people that recommend things they don't own. My entire net worth is in this trade.

Historical Context

I wrote 8 books covering this case year by year. Each newsletter draws from a decade of primary source research that nobody else has compiled.

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New to Fanniegate? Start here. I compiled my best research — court filings, financial analysis, timeline of events, key articles — into one guide so you can get up to speed fast. This is the stuff the mainstream financial media refuses to cover.

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Fanniegate Watch

  • Weekly GSE recap and analysis
  • Key court filing summaries
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  • Position disclosure updates
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This is where most people should start.

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Deep Analysis

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For investors who want the full picture. Pricing TBA.

Why Listen to Me?

I don't have a hedge fund. I don't have a compliance department telling me what I can and can't say. I have a position, a keyboard, and a decade of receipts.

9

Books Written

300+

SeekingAlpha Articles

~$4M

Personal Position

50-100k

Weekly Twitter Views

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The endgame is approaching. Treasury Secretary Bessent is talking recapitalization. Don't find out what happened after it happens.