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Wednesday, January 03, 2024 2:39:12 PM
The FHFA freely admitted the companies were adequately capitalized; but Paulson intended to steal the companies and he took the companies over by theft.
It's not what you know, it's what you can prove in court. Until and unless a lawsuit is brought using your arguments, they are meaningless. And the only way to make sure a lawsuit gets filed is to file it yourself. Put your money where your mouth is.
Yes, the companies were adequately capitalized when they were put into conservatorship. Shortly thereafter, when Lockhart stuffed FnF full of non-cash accounting losses, they went balance sheet insolvent. None of that has made a bit of difference in court so far.
Therefore:
Therefore what? Your paragraph didn't advance any argument at all.
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