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Maybe our grandchildren will get reparations when this thing is done
We will all be dead when this thing blows over. I think you have too much faith in Santa Claus.
Why are you talking about ggp? Was it nationalized and held up in courts for about decade and a half and counting. He had his share of failures, herba n valiant. Stick to the topic.
I don’t think UST gives a shit about lawsuits which have done nothing for a decade and a half.
It is one thing to be evil, another if you can’t even read or do basic math.
It will be like closing Guantanamo.
I guess Buffett knows all too well that this thing has too much political risk.
It is quite clear but like all other clear injustices in the history of this “great” nation, no one cares or gives a damn, unfortunately. The majority of the population is overconfident but undereducated. If we don’t want to spend money educating the masses, what do we expect.
Familymang keeps a calendar, it should be stickied
We say that year after year for well over a decade
They get paid per hour, not by making quick or correct decisions.
Not much information on this case n taking so long
Thanks!
Why do you keep providing stale news.
The more I think about it. I wasn’t a fan of that case. Damages were limited and preferreds included. I don’t think it was complicated. I think that case could have been won easily with a balanced jury. For some reason, we are not getting much media attention. That would help also. This is one of the biggest private property theft by govt that I know.
It is certainly strange
I think that Fnma commons can bring their own suit afterwards or combine it.
I dont my think it’s a conspiracy. The case was presented clearly. Huge decision made without documentation. That in itself is clearly arbitrary and unreasonable. Plus the cfo said the GSEs were on solid footing and didn’t need help as evidenced by the amazing profits henceforth. I’m sure the 4 were like, how stupid are you guys? The other 4 leaned even harder on their incompetence. All we can hope for is that they are not all women in the next case, unless they are accountants.
I think our lawyers were so confident that this was a clear case and it is but you just can’t convince dumb people. The earth is flat.
The odd thing was the limit on damages, the sweep did not end in one day.
Can someone sticky current court cases and dates?
Definitely strange that non-cumulative fnma preferreds were part of this lawsuit but not fnma owners. Maybe it’s best that it was hung. Looking forward to other cases.
I don’t understand how it was limited to the $1.6b. One day, they have been sweeping it since. It should be the change in price for the entire term, at the very least. This is one thing that needs to change. Those models should be submitted earlier. Such clear cut case. You can’t fix stupid in 19 hours, perhaps never.
We’ve got the upper hand since we saw the defense play and we can dumb down our explanations. Also fight to unseal some docs. And hopefully hAmish has learned something about jury selection.
I was not there but trust in Roberts words. Ps did a good job. If you have a crappy jury, you can be the best trial lawyer but you cant win if you have a one sided uneducated jury. They need to hire a jury consultant to get a fair chance. I bet Ds hired one and knew they were gonna win b4 the trial began. Like the OJ case, the defense lawyers probably knew they had it in the bag after getting the most favorable jury. I don’t think we need a biased one totally in our favor just a balanced one so you don’t have to convince 4 dummies, hard to do cause they will lean on each other and not budge, even if you present clear and simple evidence.
The hung jury was a win. We weren’t going to get a deserving amount from the 4 that don’t understand basic English and math. Hope we get a balanced jury next time. Please hire some jury consultants.
Deeply divided cause the 4 are idiots, plain n simple. Sometimes you can fix stupid, it’s hard to teach someone math n English in days. Even if you convince them the award will be small. Best hope is hung jury, retry with a balanced or favorable jury and win big.
A hung jury might be better than a small award. A redo might be best.
They hired a jury consultant for that case. They went in there to not only win but destroy the opposition by stacking the odds. Meanwhile we sit here hoping for a Hail Mary.
They are so divided that it will not be resolved by Monday. And Tuesday, they will call it quits. This scenario has been already priced in the stock. Retry, learn and win.
It is not a loss, it is an opportunity to learn about the justice system and take steps to have a balanced or favorable jury. Look at the OJ case if you don’t think it matters. Jury selection was as important as the DNA expert and the rest of the team.
It is not a blanket statement. It is about having a balanced jury. Certain groups haven’t excelled in stem, does not mean that all are incapable. All are capable, but currently certain groups are lagging behind in stem. If you don’t accept facts, you can’t take the next step forward to promote stem to all groups. Statements like yours is why problems do not get addressed.
I agree hung jury is better, retry and do a better job of jury selection. This is a slam dunk case if the jurors had brains.
The problem is you have 4 free lunch mentality on the jury. You can’t convince them otherwise. They think the rich should give to the poor, in this case shareholders give to the greater good mentality.
Leads me to believe they are working on compensation, but does not make sense if they are in total disagreement
I think the only thing we can hope for is 4 male and 4 female jurors next time. Hopefully they understand basic English and math.
If you don’t remember the OJ case, jury selection is as important as the case itself.
Part of winning a case is choosing balanced jurors, the fact that the jurors are all one gender is strange. Only half know how to count or know basic English. We were doomed from the start.
You can’t convince someone that the earth is round if they believe it is flat.
Your honor, what does un mean, before the unreasonable? Dumbest 4 ladies in DC, not much different from the crowd though.
Your honor, 2 times 3 is 5, right?
It’s a term like dynamic zero. Looks like we are outsourcing English.