merkhet Posted April 1, 2016 Share Posted April 1, 2016 Sweeney responded w/ an order directing a response by April 8th. Link to comment Share on other sites More sharing options...
doughishere Posted April 1, 2016 Share Posted April 1, 2016 So we have this and oral arguments next week. The resolution of these cases should be tied to the defenses salaries Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 2, 2016 Share Posted April 2, 2016 Sweeney responded w/ an order directing a response by April 8th. while the two are not exactly related, i would think a ruling on lifting seal on brief-cited docs for perry oral argument might indicate a willingness to open at least some privileged-claimed docs to discovery Link to comment Share on other sites More sharing options...
merkhet Posted April 2, 2016 Share Posted April 2, 2016 Sweeney responded w/ an order directing a response by April 8th. while the two are not exactly related, i would think a ruling on lifting seal on brief-cited docs for perry oral argument might indicate a willingness to open at least some privileged-claimed docs to discovery My thought was slightly different. I was wondering if she would lift the seal for the Perry Appeal in order to see what happens and continue to drag on the motion to compel. Link to comment Share on other sites More sharing options...
doughishere Posted April 2, 2016 Share Posted April 2, 2016 Working for Fannie Mae is about to get extremely enviable April 1, 2016 Cynthia Barraza http://www.housingwire.com/articles/36668-working-for-fannie-mae-is-about-to-get-extremely-enviable Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 2, 2016 Share Posted April 2, 2016 Sweeney responded w/ an order directing a response by April 8th. while the two are not exactly related, i would think a ruling on lifting seal on brief-cited docs for perry oral argument might indicate a willingness to open at least some privileged-claimed docs to discovery My thought was slightly different. I was wondering if she would lift the seal for the Perry Appeal in order to see what happens and continue to drag on the motion to compel. fair point. the motion to compel is a "15 minutes of fame" case for her, but she may not want to stick her neck out for it Link to comment Share on other sites More sharing options...
Luke 532 Posted April 3, 2016 Share Posted April 3, 2016 http://www.politico.com/tipsheets/morning-money IS WALL STREET SLEEPING ON GSE REFORM? — Via Political Alpha: “While the 10/19/15 coordinated policy response by the White House and Treasury to our 10/5/15 note, ‘White House Looking into Ending GSE Conservatorship,’ had supposedly put the issue over rebuilding capital at the GSEs to bed, contacts tell us that the debate is still very much alive and ongoing inside the Obama Administration. “Moreover, the discussions have moved to Federal Housing Finance Authority (FHFA), which has the authority to act unilaterally and is now actively reviewing its options and likely to act much sooner than Wall Street is expecting to begin the next major housing reform initiative: rebuilding capital at the GSEs.” Read more: http://www.politico.com/tipsheets/morning-money#ixzz44icAx1Cf Follow us: @politico on Twitter | Politico on Facebook Link to comment Share on other sites More sharing options...
merkhet Posted April 3, 2016 Share Posted April 3, 2016 http://www.politico.com/tipsheets/morning-money IS WALL STREET SLEEPING ON GSE REFORM? — Via Political Alpha: “While the 10/19/15 coordinated policy response by the White House and Treasury to our 10/5/15 note, ‘White House Looking into Ending GSE Conservatorship,’ had supposedly put the issue over rebuilding capital at the GSEs to bed, contacts tell us that the debate is still very much alive and ongoing inside the Obama Administration. “Moreover, the discussions have moved to Federal Housing Finance Authority (FHFA), which has the authority to act unilaterally and is now actively reviewing its options and likely to act much sooner than Wall Street is expecting to begin the next major housing reform initiative: rebuilding capital at the GSEs.” Read more: http://www.politico.com/tipsheets/morning-money#ixzz44icAx1Cf Follow us: @politico on Twitter | Politico on Facebook If true, this is very interesting. Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 3, 2016 Share Posted April 3, 2016 http://www.politico.com/tipsheets/morning-money IS WALL STREET SLEEPING ON GSE REFORM? — Via Political Alpha: “While the 10/19/15 coordinated policy response by the White House and Treasury to our 10/5/15 note, ‘White House Looking into Ending GSE Conservatorship,’ had supposedly put the issue over rebuilding capital at the GSEs to bed, contacts tell us that the debate is still very much alive and ongoing inside the Obama Administration. “Moreover, the discussions have moved to Federal Housing Finance Authority (FHFA), which has the authority to act unilaterally and is now actively reviewing its options and likely to act much sooner than Wall Street is expecting to begin the next major housing reform initiative: rebuilding capital at the GSEs.” Read more: http://www.politico.com/tipsheets/morning-money#ixzz44icAx1Cf Follow us: @politico on Twitter | Politico on Facebook If true, this is very interesting. omit a senior pref dividend for cripesakes Link to comment Share on other sites More sharing options...
doughishere Posted April 3, 2016 Share Posted April 3, 2016 http://www.politico.com/tipsheets/morning-money IS WALL STREET SLEEPING ON GSE REFORM? — Via Political Alpha: “While the 10/19/15 coordinated policy response by the White House and Treasury to our 10/5/15 note, ‘White House Looking into Ending GSE Conservatorship,’ had supposedly put the issue over rebuilding capital at the GSEs to bed, contacts tell us that the debate is still very much alive and ongoing inside the Obama Administration. “Moreover, the discussions have moved to Federal Housing Finance Authority (FHFA), which has the authority to act unilaterally and is now actively reviewing its options and likely to act much sooner than Wall Street is expecting to begin the next major housing reform initiative: rebuilding capital at the GSEs.” Read more: http://www.politico.com/tipsheets/morning-money#ixzz44icAx1Cf Follow us: @politico on Twitter | Politico on Facebook Yeah good find luke. Link to comment Share on other sites More sharing options...
tthompson Posted April 3, 2016 Share Posted April 3, 2016 I'll be at the Mel Watt discussion tomorrow, so I'll let you guys know how that goes. It is apparently open to the public if any of you are in the Boston area and would like to attend. It will be in Milstein East A, Wasserstein Clinical Building (aka WCC), and it will be at 5 PM according to the events office at the University. Link to comment Share on other sites More sharing options...
tthompson Posted April 4, 2016 Share Posted April 4, 2016 Welp the event was called off due to protests demanding principal reductions. So much for that. I did find out that Mel looks amazing for his age, but there wasn't more than one minute of discussion. Link to comment Share on other sites More sharing options...
merkhet Posted April 5, 2016 Share Posted April 5, 2016 Welp the event was called off due to protests demanding principal reductions. So much for that. I did find out that Mel looks amazing for his age, but there wasn't more than one minute of discussion. That's unfortunate. Are they rescheduling? Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 5, 2016 Share Posted April 5, 2016 Welp the event was called off due to protests demanding principal reductions. So much for that. I did find out that Mel looks amazing for his age, but there wasn't more than one minute of discussion. HLS students can't let an invited guest speak? Link to comment Share on other sites More sharing options...
merkhet Posted April 5, 2016 Share Posted April 5, 2016 Welp the event was called off due to protests demanding principal reductions. So much for that. I did find out that Mel looks amazing for his age, but there wasn't more than one minute of discussion. HLS students can't let an invited guest speak? I don't think it was Harvard students. I think it was an organized group of people protesting for mortgage principal reductions... Link to comment Share on other sites More sharing options...
deadspace Posted April 5, 2016 Share Posted April 5, 2016 Welp the event was called off due to protests demanding principal reductions. So much for that. I did find out that Mel looks amazing for his age, but there wasn't more than one minute of discussion. HLS students can't let an invited guest speak? I don't think it was Harvard students. I think it was an organized group of people protesting for mortgage principal reductions...m Honestly people protest every day. And nothing gets cancelled. Were they armed ? Rabid ? Why did this cause the event to be cancelled Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 5, 2016 Share Posted April 5, 2016 @merkhet re 4/15 oral arg http://www.gselinks.com/Court_Filings/Perry/14-5243-1607108.pdf at least 1 hour, and court usually observes time limits in breach. and to think lamberth omitted oral arg. also a new article from epstein: http://www.hoover.org/research/fannie-and-freddie-fiasco Link to comment Share on other sites More sharing options...
doughishere Posted April 5, 2016 Share Posted April 5, 2016 The panel considering this case will consist of Circuit Judges Brown and Millett, andSenior Circuit Judge Ginsburg This is just to consider the case, no? This could go on forever. Edit: Or if they decide not to hear the case then it could be pretty short. Link to comment Share on other sites More sharing options...
merkhet Posted April 5, 2016 Share Posted April 5, 2016 @merkhet re 4/15 oral arg http://www.gselinks.com/Court_Filings/Perry/14-5243-1607108.pdf at least 1 hour, and court usually observes time limits in breach. and to think lamberth omitted oral arg. also a new article from epstein: http://www.hoover.org/research/fannie-and-freddie-fiasco I'll be there. If it doesn't get disrupted by protestors, I'll report back how the oral arguments go. Link to comment Share on other sites More sharing options...
Luke 532 Posted April 5, 2016 Share Posted April 5, 2016 @merkhet re 4/15 oral arg http://www.gselinks.com/Court_Filings/Perry/14-5243-1607108.pdf at least 1 hour, and court usually observes time limits in breach. and to think lamberth omitted oral arg. also a new article from epstein: http://www.hoover.org/research/fannie-and-freddie-fiasco I'll be there. If it doesn't get disrupted by protestors, I'll report back how the oral arguments go. Looking forward to it. Thank you, merkhet. Link to comment Share on other sites More sharing options...
hardincap Posted April 6, 2016 Share Posted April 6, 2016 http://www.hoover.org/research/fannie-and-freddie-fiasco Even the most rock-solid case that GSE shareholders bring against the government has at best a 50 percent chance of winning, so heavy is the government’s thumb of the scales of justice. To see why, just ask the question of what would happen if the deal between FHFA and Treasury had been put together by two private parties, one a trustee and another a preferred stock investor, whose conduct was subject to regulation under either the federal securities acts or state corporate law. There is no doubt that this artful transaction would have subjected both parties to serious civil and criminal sanctions because of the deviation from accepted norms of corporate transactions. Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 6, 2016 Share Posted April 6, 2016 http://www.hoover.org/research/fannie-and-freddie-fiasco Even the most rock-solid case that GSE shareholders bring against the government has at best a 50 percent chance of winning, so heavy is the government’s thumb of the scales of justice. To see why, just ask the question of what would happen if the deal between FHFA and Treasury had been put together by two private parties, one a trustee and another a preferred stock investor, whose conduct was subject to regulation under either the federal securities acts or state corporate law. There is no doubt that this artful transaction would have subjected both parties to serious civil and criminal sanctions because of the deviation from accepted norms of corporate transactions. yes and no. i agree that courts afford their sister branches of govt proper deference when they stand before them in court, certainly more than private litigants receive. but i believe this is truer at district court level than circuit court level. and i believe that the "isaac" amicus brief (https://www.dropbox.com/s/tactyjisnckvk8g/perry%20amicus%20conservator%20not%20a%20policy%20issue.pdf?dl=0) sets up the gravity of the case in a way that a "normal" govt action doesnt present from that brief (of course, written well before the merits panel judges were selected): "[district court] opinion serves as a road map for government overreach and unreviewable disregard of property rights and state corporate law". Link to comment Share on other sites More sharing options...
merkhet Posted April 6, 2016 Share Posted April 6, 2016 Jacobs responded to the MDL action by saying what we all know: Their action has nothing to do with the other ones The defendants are forum shopping because none of the four cases is even based in DC Link to comment Share on other sites More sharing options...
Guest cherzeca Posted April 7, 2016 Share Posted April 7, 2016 Jacobs responded to the MDL action by saying what we all know: Their action has nothing to do with the other ones The defendants are forum shopping because none of the four cases is even based in DC very impressed with potter anderson. http://gselinks.com/Court_Filings/Judicial_Panel/MDL-2713-0021.pdf Link to comment Share on other sites More sharing options...
muscleman Posted April 7, 2016 Share Posted April 7, 2016 Jacobs responded to the MDL action by saying what we all know: Their action has nothing to do with the other ones The defendants are forum shopping because none of the four cases is even based in DC very impressed with potter anderson. http://gselinks.com/Court_Filings/Judicial_Panel/MDL-2713-0021.pdf Very well written! Does anyone know the average time for MDL panel to make the decision after hearing? GSELinks says if the parties move fast, hearing will be held in May, but I bet FHFA will drag its reply to the last minute. Do you think we can make the hearing in May? Link to comment Share on other sites More sharing options...
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