InvestorsHub Logo
icon url

bmp152

03/06/14 1:44 PM

#184371 RE: bmp152 #184345

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/