Not at all true. There several ways to end conservatorship and recap is just one.
Second, failure to follow CIVIL law is not a felony or defined as criminal action in that sense.
Third, the SPSPA is a contract, not the law. There is no rationale for prison terms for breach of contract. A contract adjudicated as illegal will either be partially or totally severed to correct the defect.
Dude, I wrote about the SECRET TREASURY PLAN years ago, right here, so it's not a secret. Everybody except maybe Austin Weinstein (because he wasn't born yet) knows about the SECRET TREASURY PLAN:
Paulson and Lockhart said the GSEs were solvent Then they said "oops, we gotta dissolve 'em" In Conservatorship to this day, Congress looks the other way While Billions in Profits are being stolen.
Secret Treasury Plan, Secret Treasury Plan They had a Takeover Plan six months before the Scam.
Treasury knew the next eight years were golden And shareholder Profits they'd be holding... Their 3rd Amendment Sweep made widows and orphans weep As GSE Shares crashed and they were de-listed.
Secret Treasury Plan, Secret Treasury Plan They had a Takeover Plan six months before the Scam.
Tyranny by a few is a danger When Government to Rule of Law is a Stranger Be careful what you take, reparations you might make Or you might have to share a cell with Corker...
Secret Treasury Plan, Secret Treasury Plan They had a Takeover Plan six months before the Scam...