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Re: Robert from yahoo bd post# 681396

Friday, 06/04/2021 7:22:58 PM

Friday, June 04, 2021 7:22:58 PM

Post# of 796374
Thanks. Key word is "incidental." Any benefit to FHFA is exactly that, incidental to the conservator fulfilling the statutory duty of nursing the wards back to health. If FHFA were to somehow benefit from that, so be it. For the conservator to act primarily to benefit FHFA while leaving its wards perpetual paupers is like putting the trailer in front of the truck.

This waiting is driving me nuts, but it can't be too long now. I see an easy smackdown of the NWS, but a potentially divided court where the remedy is concerned. Such cases usually mean lots of concurring and/or dissenting opinions, which adds time. Well, at any rate, good luck to you and to all.