Friday, June 04, 2021 11:39:11 PM
First of all, we need to make sure we are winning. From the oral argument and all the evidences heard so far, we are more than 90% winning this case. If not, what should we do ? I suppose we are already in the worst scenario at $2.3. Should we continue holding the GSEs ?
Second, if we win and SCOTUS simply remand the case back to lower court, what will be the implications to the GSEs ?
I suppose we need to work out the combat strategies for the following scenario:
1. We lose completely. Shareholders have no right to suit, ....
2. We lost partially. MC is removed with some give-and-takes to the NWS.
3. We win completely. NWS is voided from Day-1. LP is zero and refund of NWS overpayment.
4. We win partially. NWS is partially voided, ... etc.
5. SCOTUS ruling is not announced in June.
6. Others
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