InvestorsHub Logo
Followers 45
Posts 7114
Boards Moderated 0
Alias Born 07/18/2020

Re: JSmith5 post# 760094

Monday, 07/24/2023 6:44:28 PM

Monday, July 24, 2023 6:44:28 PM

Post# of 796299
Predicting the outcome of a Jury trial is not an easy thing to do.

I guess a big question I have is whether or not the Jim Parrot, "Salt the Earth with the Shareholders Carcasses" memo comes into the trial as well as other 'Smoking guns'?

We the Shareholders know what happened here, but the FHFA lawyers (primarily Arnold & Porter?) after years and years of pre-trial litigation have gotten a lot of the most damning evidence excluded from entry into trial deliberations. Not to mention Executive Privilege and National Security Exemptions.

Being a mortgage banking shareholder near the epicenter of the devastating to millions of people, Great Financial Crisis, that allegedly needed a 'bailout' is not my definition a 'sympathetic client'. But as I recall last time, the named Plaintiffs are put on the stand briefly and if you are a Juror, you realize right away, that these hard working Americans are worthy Plaintiffs.

This time we will need to convince a few more Jurors than last time.

You and I combined probably have over a Century of experience living in the DC area, the probability that a majority of the Jurors are (or know someone) employed by the government either directly or indirectly seems high and I would imagine that creates a positive subconscious bias towards the integrity of actions by governmental officials.

Still, at least as Americans we DO have a right to challenge our government officials in Court and to have those challenges decided by our peers and not a federal Judge.