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Wednesday, January 10, 2024 4:33:57 PM
What you describe in your academic analysis is way too complicated because your analysis falls into the trap of fighting the actions of a conservator that has been granted the benefit of “presumption of correctness” as codified with a judicial bar in HERA. No thank you. My academic premise would be to avoid the FHFA-C completely and any legal precedents such as the Supreme court ruling. Any shareholder of the GSEs could file a Little-Tucker act claim in their home US district court seeking illegal exaction against the Department of Treasury and FHFA as regulator for alleged violations of the GSE Charter acts, and the Safety and Soundness Act of 1992 as amended by HERA with sought damages kept under $10,000. There doesn’t seem to be a reason why the jury verdict couldnt be a part of this claim and ask the court to nullify the SPSPA based on that verdict even if the other alleged violations are dismissed. There may also be a conspiracy to deny constitutional rights aspect as well. The meeting minutes of FSAB potentially demonstrates a conspiracy of individuals to keep from consolidating the GSEs onto the nations books thereby violating the chief executive officers act and Section 4 of the 14th amendment rights of all citizens. This has been my premise. With the jury verdict available now, I believe that this strategy looks more plausible.
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