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Tuesday, October 24, 2023 7:09:41 PM
For the benefit of the possibility of new investors to this board they may not fully understand the importance of the statement you made, Quote: “ They just need to stay clear of any actions of the conservator and there will be none of the legal nonsense we have witnessed over the last 15 years or so.” End of Quote
Below is a quote you made that will clarify in more detail.
Barron said, “ I propose claims alleging illegal exaction due to Treasury and FHFA violating Federal statutes that any district court has jurisdiction over. The Federal statutes are the Charter Act, the Safety and Soundness Act of 1992, as amended by HERA, Administrative Procedures Act, and potentially the Chief Financial Officers Act.
None of the current litigation makes any claims of violation of these acts. They all challenge the actions of the Conservator and attempted to squeeze the APA and the 5th amendment takings into the Actions of the FHFA-C within the terms of the SPSPA. all have failed to this point.”
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