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Friday, July 10, 2020 2:56:47 PM
Does the government settle via case by case, class by class basis, or does it do a "derivative type settlement" where they only deal with settling with the companies to satisfy all outstanding litigation? Is this last derivative type settlement even possible?
The more I think about it, any settlement would have to address mainly derivative type (solely GSE) claims since the courts are shooting any and all direct claims down like ducks in a shooting gallery.
So, what I'm looking for, if there is a settlement, it is or will be a blanket type one, and government washes it's hands of dealing with each share class and case separately. Not sure if that is possible or can even be done, but it would be to the governments advantage if they could roll it all into one big heist. Lol
Jmo....anyone else got thoughts on this, I would like to hear them. Thanks
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