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KINGMADE Member Level  Thursday, 11/14/13 09:24:30 PM
Re: None
Post # of 328820 
From Yahoo message board:



Berkowitz & Associates have preemptively thwarted robbing of F&F.


By making an offer to buy just the insurance part of F&F for $50B, Berkowitz & Associates have proved the existence of a significant value in F&F equity. This challenges the short-sellers and their allied politicians/experts/lobbyists who had been spreading misinformation about worthlessness of F&F equity and pursuing for winding down of F&F to loot F&F stakeholders including taxpayers.

The short-sellers were counting that they did not have to cover their short interest on F&F equity as their allied lawmakers/experts/lobbyists pursued for winding down of F&F. They had almost succeeded with President Obama chiming along and their top expert rising to head the Federal Reserve.

But, alas!, President Obama and Democrats realized that the 100% F&F Profit Sweep Agreement foisted by these short-sellers and their experts/lobbyists amounted to a massive transfer of wealth from borrowers to the Treasury amounting to an effective reduction in taxes of the wealthy. In addition, the winding down of F&F would impose an enormously high interest burden on the borrowers. The President and Democratic leaders had to make a U-turn as they saw huge F&F profits.

The offer of Berkowitz & Associates has preemptively thwarted robbing of F&F stakeholders by the short-sellers and their allied lawmakers/experts/lobbyists. It will galvanize President Obama and Treasury to muzzle any remaining murmur for F&F wind-down, then void the illegitimate Profit Sweep Agreement, and release F&F from Conservatorship. President Obama and Democrats will not agree to sell any part of F&F equity. They would rather have F&F facilitate private investment in GSE debt. This will effectively serve the goal of Berkowitz & Associates and financially destroy those who had schemed to rob F&F and their stakeholders (including taxpayers

http://finance.yahoo.com/mbview/threadview/?&bn=e0e2b58d-64fb-37a2-9273-29a5ce093d80&tid=1384406478024-1491510a-2a17-4407-bc29-8c7ec7b6cec2&tls=la%2Cd%2C3%2C3

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