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Exactly my friend. Our day in court is numbered. Admn resolution is also on deck, bases loaded, finally. Lets see how far they can hit the ball…..
Game is on, so don’t give up on Biden & Hindes friendship from DE days. I guess they were waiting for ST to be sworn on. Acting dir DeMarco signing 3rd amdt didn’t go well in courts, they know it.
United States Files Motion to Dismiss
Plaintiffs File Response to United States’ Motion to Dismiss United States Files
Reply in Support of Its Motion to Dismiss
September 2, 2022
October 14, 2022
November 10, 2022
Because the Federal Circuit's decision affirming dismissal of Washington Federal's lawsuit in the Court of Federal Claims is not final, the parties suggest it's appropriate for the government to file its motion to dismiss the Kelly Plaintiffs' complaint and complete briefing on that subject by Nov. 10. Alternatively, the parties tell the Court they're willing to wait and let the Kelly case follow Fairholme's timetable. A copy of the parties' joint status report delivered to Judge Davis yesterday is attached to this e-mail message.
Why Ackman is optimistic?
He also says here conservator can exit cship with a stroke of a pen.
There are unconfirmed reports that then-Vice-President Biden was opposed to the net worth sweep.
http://www.delawarebayllc.com/images/Will_the_new_Administration_become_complicit_in_a_brazen_theft.pdf
Sixth circuit opinions after oral arguments
6mo
3mo
3mo
5days
1mo 18d
3mo 6d
3mo 6d
1mo 11d
3mo less 2d
3mo 7d
https://www.opn.ca6.uscourts.gov/opinions/opinions.php
Yes I feel bases are loaded now
Added 38k of fmcc at .60
This trial schedule presents conflicts with two Jewish holidays. In particular, Rosh Hashanah begins at sundown on Sunday, September 25, and ends at sundown on Tuesday, September 27. Further, Yom Kippur begins at sundown on Tuesday, October 4, and ends at sundown on Wednesday, October 5.
3. Two senior members of Defendants’ trial team and two senior members of Plaintiffs’ trial team observe these holidays and would not be available to work on these trial days. Moreover, potential jurors may also observe these holidays and be unable to serve as jurors on these dates.
4. The parties have promptly met and conferred about this issue and believe that starting and stopping trial on these dates could be disruptive and would keep the jury empaneled for a longer total period of time.
5. A senior member of Plaintiffs’ trial team also is co-counsel in a case before the U.S. Supreme Court that, based on communications from the Supreme Court Clerk’s Office, is likely to be scheduled for oral argument during the October 10-12 period. Counsel may present the argument in the case and if he does not, will need to attend the argument and be closely involved in argument preparation. Accordingly, the parties respectfully request that the Court reset the trial date in these matters to Monday, October 17, 2022, or any date thereafter convenient for the Court.
The parties presented Judge Lamberth with a joint request to start a trial on Mon., Oct. 17, 2022, and fix a variety of pre-trial deadlines.
Mid terms 5 months away, if Biden & Dems wanna win votes they will have to take care of affordable housing by releasing FnF
$100B plus for them on the table waiting to be grabbed
We may see another 100 plus slides from Ackman on how to raise capital, before its too late, and release FnF & settle all lawsuits with just stroke of a pen
Discovery will prove everything that happened behind the scene. Patience my friend, we just finished discovery end of March. This case will make WaterGate scandal look nothing.
We haven’t seen nothing yet. Best is yet to come
Guys like Ackman on wall st with deep pockets will line up when capital is raised
$100B the biggest ipo in history will have to be attractive for investors, both current & new, if they treat us with good faith & fair deal.
Awesome, thank you, lets stay focused on the end goal. It will all pay back with interest/harm for the long wait. Have learned to ignore the noise & listen to the music……
Rule of Law will prevail
Lamberth following his dad’s footsteps as Mr Integrity, don’t forget :)
TP said in that video
$12 damage model presented by David Thompson in Lamberth court is backed by facts
All those docs from 2008 & 2012 we haven’t seen yet, less than 1% unsealed so far
Who knows even cship may very well be proved illegal & bailout was forced upon fnf to save big banks
Well we lost few fights but not the battle
Game is still on
When remand gives us retro relief for the harm by unconstitutional Dir, scotus ruling wont look as bad as it does right now to some
Those emails didn’t get evaporated
Property rights are same for someone who owns 1 share or Million as Bill Ackman
If you believe in property rights this is the bet
Law is Law
Be patient this is going to work
The rate of return on this will be phenomenal
I hate the idea of giving up at the end
-Tim Pagliara
I don’t think we will have to wait for Sept. Things will be settled before the jury gets the sealed docs imo
3 months of wait is nothing compared to 9 yrs for me
Why Lamberth’s jury trial has huge potential for shareholders
Tim Pagliara explains the importance of collected evidence presented for the first time to a judge & jury, at 9m & 16m, old but good to hear it again
The Sixth Circuit intends to broadcast oral argument in Rop v. FHFA live at https://www.ca6.uscourts.gov/live-arguments starting at 8:30 a.m. on Thurs., June 9, and a copy of the audio recording should be available later that day at
https://www.opn.ca6.uscourts.gov/internet/court_audio/aud1.php
In the discovery battle in these suits, the government’s pleas for secrecy were so extreme that it asked for, and received, “attorneys’ eyes only” status for the documents in question. This meant that not even the plaintiffs were entitled to see the raw papers. This designation is usually reserved for cases involving national security or proprietary business secrets.
But there were no nuclear codes or plans for next-generation cell phone technology here. Instead, it was just a very strange history of government officials expropriating a monster pile of cash from a pair of political-albatross mortgage companies.
Why the extreme secrecy? The seven documents unsealed by Judge Sweeney last week offer only a hint of a reason. The materials are definitely embarrassing. Among other things, they demonstrate that not only did the government know the GSEs weren’t in a “death spiral,” it was actually quite confident in their future profitability well before it changed the bailout terms. Then and now, government officials lied about what they were doing, and why.
But there might be more to this story. Likely also buried in the still-sealed documents is a wealth of information about the government’s plans for future reorganization of Fannie and Freddie, a huge looming event in the history of American finance.
Many of the government officials who were involved in the decisions surrounding the GSE conservatorship are now in the private sector, working on proposals for much-anticipated GSE reform.
In these docs I bet Biden’s name also shows up some where in those emails. These docs released by Sweeney & Lamberth to plaintiffs simply cant be for grammar & spell check, right? :)
https://www.rollingstone.com/politics/politics-news/why-is-the-obama-administration-trying-to-keep-11000-documents-sealed-67555/
These 11000 plus Lamberth 9800 docs that’s lot of pages (about 200k pages) to review & decide which ones presented to jury, this is by no means a typical case for Lamberth & his staff. It’s high profile historic case of the century.
Recap & Release in next three months before Sept 19th. Govt can’t let jury to see those secret docs. They were successful so far to hide them & convince Sweeney to keep them sealed for national security reasons. Showing those docs day light is not good for the fellow travelers who were determined to dance on the graves of shareholders. After all GSEs are two private shareholder owned Cos under SEC 1940s rules & regulations.
Who is going to invest new money in their IPO if legacy shareholders are not treated under covenant of good faith & fair dealing?
They will act before more docs are unsealed…..imo
Lamberth ruling 2018…..before he compelled Treasury to release 9800 docs/56k pages….
The pleaded facts not only show that the GSEs would not need to draw on Treasury’s funds to pay dividend, but also that the GSEs could repay Treasury for its investment under pre-Third Amendment dividend structure. Such facts could support a finding that the Defendants exercised their discretion arbitrarily or unreasonably.
The court finds nothing in the Plaintiff’s stock certificates suggesting they could have reasonably expected the Net Worth Sweep.
https://www.reuters.com/markets/us/feds-waller-supports-50-bps-rate-hikes-several-meetings-2022-05-30/
Recession seems very likely…..imo
Nothing can stop these guys from recap & release before recession is here. Courts can take as long as they want. 1st week of ST at fhfa as confirmed Dir
Judge basically denied govt MSJ & said we will have jury trial & gave 10 days on his calendar
No more bench trial
Plus he needs 2 more months to review discovery docs imo
June 1st is plaintiffs MSJ reply due in Bhatti case, June 3rd pre trial statements due, June 9th is oral arguments in Rop case, June 17th is pre trial conference in Lamberth court
July 11th is fireworks in front of jury, unless there is settlement
Me too. Even if I see $10 F&F I am more than happy & chances are good to see that happen by July end
Ackman bought 25% of common shares in GGP for about 60 cents & it went to $45
https://seekingalpha.com/article/2476515-fannie-mae-and-freddie-mac-the-bill-ackman-perspective-and-huge-return-potential
The Berkley Plaintiffs delivered their reply in support of their request for one jury trial before Judge Lamberth
Lamberth asked govt to release 9800 docs, 56k pages to plaintiffs in dec 2020. We haven’t seen a single page of those yet.
Here is good read about 8 docs, 700 pages released by Sweeney
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=123478055
Here is some of Sweeney’s 53 docs unsealed
https://www.nakedcapitalism.com/wp-content/uploads/2016/05/GFCo.-GSEs-Former-WH-Officials-Involved-in-GSE-Scandal.pdf
First any judge will see these docs presented as evidence & thats why I feel so confident that we will have our day in court & will get to eat our cake too
Yes old but I like this part….things will be looked upon by Lamberth from different angle
Treasury and FHFA were in possession of newer financial projections at the time of the net worth sweep, a fact undisclosed in Judge Lamberth's court when he ruled.
"You do have to follow the dictates of the statute. The statute is not meaningless."
-Judge
"This is a landmark ruling that breathes life into a law that has been ignored for far too long.
-Hamish Hume
https://www.businessinsider.in/20-billion-startup-palantir-has-claimed-victory-in-its-unusual-lawsuit-against-the-us-army/articleshow/55166934.cms