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Re: kthomp19 post# 783149

Monday, 01/22/2024 11:46:03 AM

Monday, January 22, 2024 11:46:03 AM

Post# of 796502
"Treasury had the warrants issued to them in 2008. Nobody who bought shares after that date has any leg to stand on, legally or morally, in challenging them."

I'd agree, unless someone challenges the conservatorship itself. I based my investment on the likelihood of warrant exercise. I don't think it's right given the return Treasury has reaped, but I'm prepared for that adverse outcome.

The SPS LP increase for free I don't think is on the same legal footing IMO.