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kthomp19

07/24/23 6:17 PM

#760108 RE: Stern is Bald #760105

Trying to exercise the warrants outside the the agreed 10% payback is outside their powers….



This doesn't make any sense.

1) The 10% isn't a payback at all. The 10% payments were dividends paid to equity holders, not principal and interest payments to debtholders.
2) Treasury owns the warrants, not FHFA. HERA applies to FHFA, as conservator when it comes to the anti-injunction clause.

It is a binding contract….



What are you referring to?

Changing the narrative of the GSEs health
To facilitate the theft is exactly whats happening in the Lamberth case…



The Lamberth case only has to do with damages being paid to shareholders. A win there won't change anything about the seniors, warrants, conservatorships, etc.