Nope. Treasury's warrants are worthless.Why? Because Treasury officials stated on the public record that warrants were demanded only to drive the price of commons to near zero, not to take ownership. Supreme court's Cornerpost decision clarifies that statute of limitations in suits against government actions begin when harm acruse. Not when gov took the action. Should Treasury be foolish enough to try to monetize these warrants it will start the clock for new lawsuits etc. Also, Treasury's actions regarding the issuing of warrants knowingly violate federal law. This could allow for criminal investigations as well. Latiesha James could decide to investigate the whole fanniegate under her authority under NYS Martin act if shares trade in NYC. Prior to SPSPA they were on the NYSE. She would have a case since they were delisted after the SPSPA. Martin Act predates the SEC for those who dont know and has much harsher criminal penalties than federal law
A bunch of dudes gave themselves 79.9% of common stock of GSEs for $78,000 in violation of the Charter Laws, to crash the common PPS. That is a malicious action that if monetized could allow lawsuits against not just the Treasury, but the gov officials themselves. Why do you think we are now hearing 30billion IPO? What happened to KT's 99.999999999999% dilution of commons by Treasury?
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