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Re: DaJester post# 771397

Tuesday, 10/24/2023 11:25:40 AM

Tuesday, October 24, 2023 11:25:40 AM

Post# of 796795

This is why I think the LP is a future domino that could fall. Based on acting in bad faith when creating the NWS amendment, verified by a trial by jury...



I truly cannot understand this. The NWS, and thus the jury verdict, had nothing to do with the LP. How are you making a connection between those two things?

And lying to the SCOTUS about it being ended, if it ever makes it back to court in a future form it's a much harder corner for FHFA & Treasury to get out of.



The Supreme Court already said that the NWS, in the form that it existed when it was signed in 2012, was ended. From page 4 the Supreme Court's Collins opinion:

After oral argument was held in this case, the FHFA and Treasury agreed to amend the stock purchasing agreements for a fourth time. That amendment eliminated the variable dividend formula that caused the shareholders’ injury. As a result, the shareholders no longer have any ground for prospective relief, but they retain an interest in the retro-spective relief they have requested.



I believe this is also why the cash NWS has not been restarted, because it would reinstate the injury and open the door to prospective relief.

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

Posting about other posters is the last refuge of the incompetent.