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Saturday, August 12, 2023 7:58:04 AM
It's a lot of information to digest in 2 or 3 weeks and P's ask seems big yet small compared to the $130B transferred from the corporations balance sheets in 2013 (with some of it being borrowed from the corporations to pay for it by issuing debt!) alone.
A win here would establish that the FHFA (acting in its capacity as the Conservator for the Corporations) breached the implied contract of good faith and fair dealing with the Shareholders on August 17, 2012.
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