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Exclusive: Leaked Treasury Memo Counters Legal Claims

By Shawn McCoy

A leaked Treasury memo obtained by InsideSources may raise new questions about the government’s compliance in turning over documents to a U.S. District Court prior to a ruling made last fall in a case brought by shareholders of Fannie Mae and Freddie Mac.

In September, U.S. District Judge Royce Lamberth dismissed a suit against the US Treasury over its seizure of all profits from the two Government-Sponsored Enterprises (GSEs).  Lamberth’s decision is currently being appealed.

Read the full article: Exclusive: Leaked Treasury Memo Counters Legal Claims