InvestorsHub Logo
Followers 15
Posts 502
Boards Moderated 0
Alias Born 03/19/2013

Re: bmp152 post# 184345

Thursday, 03/06/2014 1:44:02 PM

Thursday, March 06, 2014 1:44:02 PM

Post# of 803817
Ah. This Fairholme discovery request is from a different lawsuit in the DC District Court (as opposed to the news last week from the DC Court of Federal Claims).

Basically FHFA and Treasury admit that they did not keep an administrative record of their action to enact to the Net Worth Sweep. Uh oh...probably will not make the judge too happy.

http://www.valuewalk.com/2014/03/fairholme-likely-to-win-discovery-in-fannie-mae-case/