"We all know this for a long time. The whole thing is a highway robbery. The GSEs did not need the bailout. Or, at least, they did not need this much. And, why 10% interest with all other TBTFs at 4% ? NWS is to rob us the second time. But, how do we get all this to the public or at least to the judges in our coming trials ? SCOTUS is a disgrace already."
Looking back, the main problem here seems to be that the plaintiffs are playing by the self defeating mischievous Game rules (innocent looking lawless HERA) set up by the wall street lobbyists.
HERA is basically a disguised communist manifesto suitable in a communist country. With laws like HERA who needs pesky constitution! This is what communists do to abolish democracy, capitalism and free market economy. BTW look at the background of the people who created HERA. Most are supporters of communist Chaina.
Here the main culprit is lawless HERA. HERA fails on many constitutional and commonly accepted legal principles. Judge Lamberth made this very clear in his first opinion and said shareholders should have grievance with Congress, so investors should take up their grievances with lawmakers.
FnF shareholders need to follow up with Congress and Administration to abolish HERA and replace it with laws compliant with constitution and commonly accepted legal principles.
As for as judiciary is concerned, it has miserably failed in meeting its constitutional duties and obligations to people. Judiciary is using some or the other excuses to kick the can down the road. SCOTUS ruling is full of cruel jokes for long suffering shareholders. May be judiciary is totally confused with laws like lawless HERA.
HERA is the main root sickness. FHFA, Conservatorship, NWS etc.. are just symptoms.
Plaintiffs should focus on getting lawless HERA abolished in courts rather than seek reliefs from symptoms like lawless conservatorship, NWS etc...
