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how will we win big?
clamp ya balls
Decision day #Fanniegate Fans?
— FnFan (@FnFGateFan) November 2, 2022
I'll be back at the courthouse for the last time today, so hopefully I'll get to see the decision. In the meantime let's finish up the closing arguments. We just finished Monday, so now Ds continued their closing on Tuesday morning.
anyone see fmcc at .45 pre market?
The @FHFA warned a DC jury against using hindsight to consider the reasonableness of its decision to amend @FannieMae & @FreddieMac stock purchase agreements to let the U.S. Treasury sweep up the companies' net worths. The jury is still deliberating.https://t.co/B2R1CIkmjK
— Katie Buehler (@bykatiebuehler) November 2, 2022
this is old
how do you see this happening?
you are the BIG LIE
serious post?
go away
his answer will be
pref have "contract claims"
commons are junk
WARNING #Fanniegate Fans
— FnFan (@FnFGateFan) November 2, 2022
This thread has been known to cause high blood pressure, intense nausea, and dizziness.
Prepare yourselves, for Ds closing arguments.
They had to give all that in the NWS. McFarland told Tsy and FHFA about the profits and the DTA coming in mid-2013, in fact it was even earlier. Will skip the PCF b/c that was a ridiculous fall back argument, they tried to say the whole NWS would have been the PCF anyways.
— FnFan (@FnFGateFan) November 2, 2022
Seriously?
Katie just wrote no verdict today
True donkeyism
Why even say this ?
I do
without nespresso
its all clear
DAY ELEVEN: The @FHFA continued closing arguments today by warning jurors that they can't examine the @FannieMae & @FreddieMac net worth sweep with hindsight. They must approach it the way the agency did at the time, with concerns about the uncertain future.
— Katie Buehler (@bykatiebuehler) November 1, 2022
me neither
yes, read the closing
best post of the week
after reading closing arguments I'll move to 10B
me and lulu were around 5B?
I'll take joseph the recco for half
Actually would come from their balance sheet ?
How would they ?
How do u finger ?
Long day #Fanniegate Fans, in a long trial.
— FnFan (@FnFGateFan) November 1, 2022
Too much time spent on motions meant we only got half the closings, but let's review them a bit.
Shareholders reiterated to the jury during closing arguments that this case is not about public v. private interest, but about powerful people exercising their authority in an arbitrary and unreasonable way.
— Katie Buehler (@bykatiebuehler) October 31, 2022
nothing to do with release in this case
yay
when do we get some ?
no the reverse mortgage one
nespresso or cafe con leche?
did you find leprechaun costume? or tom selleck?
The court also rejected a motion by FHFA to preclude the shareholders from inferring in closing arguments that their requested $1.6B in damages is a “bargain” for the government.
Katie Buehler
@bykatiebuehler
·
6m
The shareholders said they wouldn’t argue that, but said they planned to show the $33B+ in total shareholder investments in the companies ahead of the conservatorship as context of the case. Jurors already saw those numbers during opening statements.
DAY TEN: The @FannieMae & @FreddieMac shareholders wrapped up their rebuttal case this morning, noting the 2012 predictions relied on by their expert in saying the @FHFA’s net worth sweep was unreasonable were called “credible, reliable and reasonable” by former Fannie CEO.
— Katie Buehler (@bykatiebuehler) October 31, 2022