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Thursday, April 13, 2023 12:37:31 PM
"Bryndon’s suit"
Quote: "The First Step – What Our Government Should Do"
2) Unwind the net worth sweep (the “NWS”), beginning January 1, 2013, by
recharacterizing the quarterly dividend payments on the senior preferred stock (the
“SPS”) from exclusively dividend in nature to a combination of a redemption of the SPS
and what would have been paid to the Treasury using the original 10 percent after-tax
annual dividend rate." End of Quote Page 3
Why is this any different than what MR. Thompson asked the SCOTUS to do?
The Plaintiffs lost.
https://drive.google.com/file/d/1LNWzb9QhI1GiOk8W_2MYgERyE4yNRU04/view?pli=1
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