Tuesday, November 01, 2022 12:58:42 PM
Plaintiff's need to ask some more questions. If the Ds say we did this to prevent overdrawing on the commitment based on some projections (although proven to be false), at which point FHFA should have looked back and decided that their projections were wrong and they needed to do something about it? Immediately after NWS when they took 50 billion? or years later when the profits swept had far exceeded the initial investment? or never because they make more money that way? In other words they made a mistake and then decided that it need not be corrected.
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