Labels:book | reckoner | tree OCR: The court of appeals al50 erred in corcluding that respondent stated due process claim by alleging that the federal receiver deprived him of state -created property interest without hearing when discharged him from employnent Respondent had no such property right. and even if he did proecdural duc process was satisficd bi the availability of postdeprivation Femedies that he chose not pursue Respondent never had any legitimate expcctation that his state -creuted right continued employment ah sent good. cause would survive the appointment of federal recei iver Under federal law, banking receiver has complete discretion to select employees and to repudi ate contracts The States have no power limit the authority of federal banking receiver Accordingly, even i stale law afforded respondent ar i ...
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