Replies to post #682579 on Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

Rob, Pags doesn’t have the cash to bank role a decades long, multi-pronged legal approach. This is exclusively the big boy realm. Pags is boutique …

[kthomp19]

With the bulldozer, I don't think the SCOTUS would be asking any governmental official if they want to ratify the nws simply because all the fhfas actions for the last 12.75 years would be void.

The point is that FHFA can ratify everything but the NWS, which would turn a bulldozer ruling into a de facto granting of the plaintiffs' wishes, which is to only overturn the NWS and make the FHFA director removable at will.

From what I understand, there are 3 regular Joe Plaintiffs, and I am assuming that they didn't have the 10's of millions to bankroll a David v Goliath fight with a hostile Uncle Suggy.

We don't know who has been bankrolling these plaintiffs, but we do know that this has been an expensive fight so far, and that by only asking for the NWS to be overturned the backers can't be too concerned about the fate of the commons because asking for much more was supposedly the key to unlocking huge common share value.

Bill Ackman's Pershing Square is itself a party to a lawsuit (Rafter) that only asks for damages related to the NWS. Let that sink in.

[Guido2]

Pagliara had two lawsuits of his own. He stopped fighting once Trump got elected. At the time, I believe, he said Trump would do the right thing. But the, as my wife often reminds me, my memory isn't what it used to be.

https://gselinks.com/court-filing/#fannie_mae