Govt Actions In Fannie, Freddie Case Provide Defense To Others by TimHoward717
The first day of our awareness campaign has been fantastic. I want to thank everyone for all they have done to help educate and call attention to our cause.As an indirect result of our outreach, we had a law firm who is representing their client in a federal securities fraud case reach out to us today. They were seeking more information concerning the securities fraud that has been perpetrated by the US government against shareholders of Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC). We were more than happy to assist. Its only fair that the juries who will be deciding the fate of securities fraud defendants are aware of the actions that have been perpetrated by the very government that is doing the prosecuting. I will be reaching out to our reader P.R. crew later with an idea to share this strategy throughout the country.
I want to now call attention to an article, “Documents Reveal Government Saw Gold in Fannie Mae and Freddie Mac Profit ‘Sweep’” by Carl Horowitz. These are exactly the kinds of articles we need to see.
David Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More
I also want to share an excerpt that was sent to us of a TO BE PUBLISHED article that is to be published in a well-respected academic journal. It is titled “Still Bullish on the Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) Lawsuits” and it is written by Richard Epstein. (http://ricochet.com/fannie-freddie/)
In it, he uses his amazing grasp of the issues to dissect the Barrons/Jonathan Laing article entitled” “Why Uncle Sam Won’t Free Fannie and Freddie Yet” This is the articles that our readers and I convinced Barrons to remove shortly after posting it. If you would like to review it for reference purposes it can be found in its entirety here. ( http://timhoward717.com/2014/07/27/rupert-strikes-again-in-latest-???????-piece/ ) He has proven to be an invaluable source of information in our struggle. I may have the opportunity to speak with Richard in the next week so if anyone has any suggestions for questions, please feel free to let me know. Professor Epstein’s excerpt concludes with this, “One conclusion emerges from Laing’s exercise in financial fantasy: Neutral investors sitting on the fence would do well to listen to the lions of Wall Street and to disregard Jonathan Laing’s jeremiad about the Fannie and Freddie shareholder suits against the United States.”
Keep the Faith!