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Post# of 796794
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Dallas66

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Dallas66

Re: 955 post# 241044

Wednesday, 08/27/2014 12:11:38 PM

Wednesday, August 27, 2014 12:11:38 PM

Post# of 796794
Were not the warrants part of the "original" agreement with the 10% div payment? I believe they were, but I could be mistaken. That would make them valid still...the judge may rule those are invalid, but currently they are still valid I believe. I believe the GSE boards agreed to the warrants BEFORE the were placed into conservatorship. I have attached a link...read pages 12 - 14....possibly the fed has overstepped their "LEGAL" authority and quite possibly invalidated their rights to the warrants...

https://timhoward717.files.wordpress.com/2014/08/81414-ackman-complaint-2.pdf
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