Has anyone thought about and considered the strategy involved with what is going on with the multiple lawsuits...the voluntary dismissal by Pershing....the fully expected decision by Lamberth.
Look at it like a battle....or a chess game.
The multiple lawsuits...allies in a sense...attacking from different points...different fronts....different strategies....each watching and learning from each other on how to better hone their attack.
The ruling allows for Pershing to file its suit again at a later time....if they so choose. This was expected, and no doubt planned well in advance. This creates an additional attack front the treasury/FHFA has to apply resources to in order to defend. Will they re-file that lawsuit? Who knows...but I would surmise the treasury/FHFA will have to expend some resources towards that possible need to defend.
There are what...19 lawsuits ( or more )currently open against them...add more fuel to the fire...force them to expend more resources to defend....when you have multiple presumed fronts to defend, your resources are spread thinner...you have a greater chance of mistake/failure at one of those points of attack...or presumed attack.
Where will the full force of the attacks come from....no clue...only the attackers know that...and the defense is left to guess and hope they have the resources and manpower to defend those attacks without making a mistake or error in judgement.
Ackman has a LOT of money...A LOT OF MONEY. This guy has a legal team with the resources to look at and examine every question, every possibility....every outcome...every conceivable outcome...and practice, practice, practice their attack. I would think most importantly...they have the intelligence and experience well above that of the treasury/FHFA defence teams. Ackman wouldn't be committing the money he is spending if he wasn't confident his chances of winning wasn't well above 50%.
And then you have Fairholme....watching...waiting...gathering intel....Berkowitz is no candy asss.
Personally...I have a helll of a lot more faith in Ackman and his team than I do the FHFA/Treasury team.
