Bhatti's appeal is a carbon-copy of the Collins case, with the same attorney that represents Berkowitz, the almighty David Thompson, who is also in the Rop case and Robinson case.
Both cases were remanded to a lower court from the Appellate Court and now D.Thompson reappeals in the same place for a do-over.
Both cases about a non-existent harm with the unconstitutionality of the FHFA Director, because the Core Capital of FnF remains the same with Watt and with Calabria (adjusted $-194 billion Core Capital together), due to the effect of the SPS increased for free (concealed by FnF with Financial Statement fraud: gifted SPS are missing to evade posting the offset that wipes out the Retained Earnings just built)
All the lawsuits have one purpose: advocate the Government theft story that is the reason why the stocks trade at rock-bottom prices.
This conspiracy aims to make a judge rule what isn't contemplated in the law.
This conspiracy is why the Equity holders (and FnF in the Lamberth's court for a confidential settlement with FnF of the Securities Law violations, once Conservatorship is over) are allowed to be represented in court, when they don't have powers.
A Conservatorship is being allowed by the UST and the Congress, to become the mobsters' playground with the madness of the court news that lay out the wrong analysis.
The refusal of the Supreme Court to buy the hedge funds' diatribe with a non-existent Takings case, is a victory for the shareholders.