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Sunday, October 15, 2023 10:08:39 AM
Fact of the matter the Treasury had the clause written in the contract. With this clause the Treasury can limit the amount of damages “In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable,”
The SPSPA is an illegal contract. The Charter Act passed by Congress is the law. The Plaintiffs will never win fighting the FHFA/Treasury on the wording written in the contract. These experts should focus on the numerous violations the FHFA/Treasury have committed against the law.
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