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Re: ewtrader post# 790551

Friday, 03/29/2024 8:15:52 AM

Friday, March 29, 2024 8:15:52 AM

Post# of 801667
treasury or white house (who directs treasury director).

the courts have had their chance to make changes to the spspa and have largely gone miles out of their way and misinterpeted the law in an effort to make excuses for treasury and fhfa's malpractice... so the courts are worthless for us largely.

the only material path forward is admin action

biden admin says they don't need to finalize their plan here until june. 3 months. 90 days.

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.