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Re: kthomp19 post# 594695

Thursday, 02/27/2020 12:50:35 PM

Thursday, February 27, 2020 12:50:35 PM

Post# of 795044
"Treasury has control over FnF being released due to the terms of the SPSPAs, but according to Judge Sweeney, this does not make them a controlling shareholders or party. Therefore Treasury does not have a fiduciary duty to shareholders."

LOL, What does this mean? Is it not the same? Is it not a distinction without a difference?

Why would a non-controlling Gov investor has contractual control over Gov Conservaorship trumping the US laws, eventhough FHFA is a statutorily independent entity forbidden by law from being influenced by any outsider.

In corporate matters, courts look behind the mask to find out who is really controlling the companies (defacto). Judge Sweeney's preliminary ruling is based on what is visible without looking behind the mask.

Mobs do not operate openly telling all, their ways of doing things. When judge Sweeney uses words like "Mob" to describe the conduct of defendants, it is means more than fair dealing.