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Wednesday, August 23, 2023 8:56:53 AM
It's been explained the reason why the Wall Street law firm representing the FHFA requested to judge Lamberth the deferral of the judgment: the payment of securities litigation claims is prohibited in the FHEFSSA's Restriction on Capital Distributions when FnF are undercapitalized.
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So, the FHFA tries to avoid the announcement that the payment will be withheld. People would begin asking questions as to why, etc
This is why it was requested through an oral motion: to continue to keep this statutory provision from the public, as among the capital distributions restricted, are also any dividend and today's SPS LP increased for free every quarter.
A coverup of the law by all other plaintiffs and the company, in collusion with the government to share the booty, peddling the Government theft story
The grounds of the Separate Account plan with the exceptions to this restriction, laid out in the same provision.
Why don't you mention this oral motion of deferral?
This response is rather addressed to the attorney that sends you emails, and you later repost here, passing them off as your own comments.
The Separate Account plan for the repayment of the principal of the obligation with the taxpayer, was a statutory provision in the 1989 FHLBanks' bailout scheme by the Congress.
You'd better don't laugh at it. $BOOM
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