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Re: RumplePigSkin post# 685004

Wednesday, 06/23/2021 4:24:00 PM

Wednesday, June 23, 2021 4:24:00 PM

Post# of 800645
My read of the decision is that it is up to the trial court to decide if the Acting Director v Confirmed Director is relevant so far as a remedy is concerned. Today the SCOTUS basically said that a Government Conservatorship may do WHATEVER it wants so long as it MAY BENEFIT THE FHFA OR TAXPAYER. Good luck during the next financial calamity getting private corporations to accept government money to save the economy, prevent a continued economic contraction, and saving millions of jobs in the process.