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TRCPA

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Re: Potty post# 631005

Sunday, 09/06/2020 11:37:12 AM

Sunday, September 06, 2020 11:37:12 AM

Post# of 797324
I think you're right about a "clever" verdict.

I foresee that they will allow a credit of $125 billion or so to be applied to the GSE's books and core capital.....without the money actually being immediately returned by the treasury.

This is a perfect legal/political solution to allow the GSE's to be freed earlier, while allowing treasury to keep the actual cash....for now.

They will probably search for and find some statute/opinion from a past case that justifies the above.
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