Fannie Mae (FNMA)

[Nelson478]

Contact SEC regarding Bloomberg Report

My firm is filing a complaint with the SEC against Bloomberg and the journalists Saleha Mohsin and Austin Weinstein for price manipulation and reckless financial reporting causing material investor harm. It is for the following article which they have since adjusted nine times since originally published:

https://www.bloomberg.com/news/articles/2019-06-10/mnuchin-dashes-investor-dreams-of-quick-fannie-freddie-windfall

Note that their article is under the 'Politics' section. It started out as "Dashing Investor Dreams" to "Dimming them" to "Shares Slide as Mnuchin Dims Hopes". They also left out the complete quotes from Mnuchin to falsely alter his statement.

They removed "if we were to get our legislation" and "my preference would be that they have an explicit guarantee'. This dramatically altered the context.

I encourage all of you to also file a report with the SEC via the links below. Unfortunately someone out there was scared out of their shares which my firm gladly picked up at a discount.

Bloomberg acted incredibly improper today and borderline illegal. We're also retaining external counsel to assist our house gc to investigate the OTC exchanges and their designated market makers for the Fannie and Freddie commons. We now have potential evidence of price manipulation and are in the process of sending General Council at these exchanges a requirement to preserve evidence, cease and desist, and notice. In my 30+ years in this industry I have never seen such flagrant abuse.


https://www.sec.gov/oiea/contact/oiea-contact.html