Who's lawyers are defending in the Lamberth case? The GSE'S? If it's the DOJ then that means government, if it's government, then that means either FHFA or treasury should dam well be on the hook for any damages. The GSE's have not been run as public free companies since 2008. FHFA and treasury called all the shots that are the cause of all the litigation. Does not the Lamberth list in the original case filed shareholders against FHFA and treasury? Thompsons and Yellens names are there, so it's a stretch to say damages come from the companies in my opinion. Lawyers need to address this possibly with Lamberth.
It is through mismanagement or extortion from government that lead to the contract claims suit. GSE's are in conservatorship and are not allowed to be influenced by shareholders rights or votes, only governments. Shareholders would have not allowed a NWS or skipped dividends knowing what we know. The conservatorship usurped ALL shareholder and BOD autonomy, Government is on record saying as much. If that's the case, then government reaps what they sew! If they (reap) steal the money illegally, then darn right, they pay it back (sew). If Lamberth is any kind of real judge he will see to it the companies suffer no harm from this if a damage award is given. IMHO
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