Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Isnt this a big deal? Would Lamberth dismiss the case if he actually scheduled the courtroom? Doesn't this mean we are going to trial?
Thanks to Hvp123:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169955047
The plaintiff lawyers have limited witnesses. They could have done a much better job.
Why MC keeps talking about housing is beyond me. he completely failed to conserve anything other than theft and free money for treasury at the last minute. put him on the stand.
I’m glad Hamish Hume and Co has asked the judge to have the jury fill out a forM stating certain things like : do you or have you worked for the federal
government??
100 percent correct!
Again, DJT did not initiate 'conservatorship' or NWS nationalization. That would be RINO Bush and Obama. Why, in your view, do 'the sins of DJT' outweigh the sins of Bush/Obama? Could it be deflection? Sounds like twisted logic, no?
DNU
Lets hope their personal gains are with the GSE release, good luck right. yup, they have taken away from more Americans, and destroyed more of the second class, then anyone could possibly do by accident. Bill is missing, he did the most damage of them all, He started it, signed NAFTA and GATT, and enabled the Demonrats ever since.
DJT did not place the GSE's into FAKE, FRAUDULENT 'conservatorship' nor did he nationalize them with NWS. 2 of his 4 years in office, Obama appointee Watt had GSE's under a death grip for which his removal was "for cause" only. DJT entire 4 years saw DOJ staffed with DEM sympathizers employing any and every opportunity to impeach him. Again, where are subpoenas for Paulson, Geithner, Bernanke, Bush, Obama? Clinton, Frank as well.
In case anyone was wondering, release would include bringing stocks to, or applying for trading on a new exchange. Only real shares will be there naked this and that can keep trading on pink list.
if i was a lawyer for plaintiffs, i would be asking why anything about GSEs is about national security. Trump was not on GSE side, he could have declassified the documents, just like all the other junk he declassified and too with him. all a MASSIVE con job to screw investors out of their property.
Gorsuch stated it in his opinion. He is a real justice. The fact that the court opined that fhfa can act in the publics best interest could overrule every other case except for the nationalization clam. Lets see what happens.
Gorsuch or Thomas?
Gorsuch made a lot of sense in his Collins Opinion - didn't he?:
"The only lesson I can divine is that the Court’s opinion today is a product of its unique context—a retreat prompted by the prospect that affording a more traditional remedy here could mean unwinding or disgorging hundreds of millions of dollars that have already changed hands. Ante, at 32–33. The Court may blanch at authorizing such relief today, but nothing it says undoes our prior guidance authorizing more meaningful relief in other situations."
There are several Cert cases, Rop, Collins and Bhatti which could be one of the other situations "authorizing more meaningful relief"?
Exactly what I'm afraid of. None of the fake 'conservatorship' evidence has seen the light nor have attorney's or media demanded it. It's been one massive cover-up of the crime of the century. There will be a price to pay, however. It's coming.
Market clearly knows something that the retail investor doesn't. Lamberth summary judgment or prospect of appeal is a plausible scenario, especially after scotus said fhfa could act in the best interest of itself or the public. Gorsuch already hinted at putting shareholders out of their misery. Also, in the event of trial the damages model could be vastly different than Plaintiffs version.
Got to believe that risk of Summary Judgement dismissal for Lamberth decreases with every filing.
Looking forward to Judge Thapur's take on Rop. I am expecting to be disappointed but thinking it could be the first legal grenade to go off.
Kind of thinking that Admin Action is not dead especially since they passed the Green New Deal and took executive action on Student Debt. The Calhoun Plan would seem fit right in and could be spun as a political win for housing policy.
Seems that the Fairholme Plaintiffs were very strategic in the multiple Cert Petitions - cant understand how SCOTUS could allow an unresolved takings issue to stand.
Probably will be disappointed but we should expect a lot to happen on the legal front in September and through the end of the year. Also getting closer to Nov 2024 with every passing day while the GSEs build capital.
Not Urgent - but Kelly Update - Filed August 2nd.
It will be interesting who will be the new counsel for Kelly:
Nothing will happen until November 1. Low probability but rich fact pattern regarding the activities of UST and NEC prior to Conservatorship.
IN THE UNITED STATES COURT OF FEDERAL CLAIMS MICHAEL E. KELLY, et al., Plaintiffs, v. THE UNITED STATES, Defendant. No. 21-1949C (Judge Kathryn C. Davis) MOTION OF PLAINTIFFS TO MODIFY BRIEFING SCHEDULE ON MOTION TO DISMISS (UNOPPOSED) Before litigation on the Government’s motion to dismiss, Plaintiffs anticipate a substitution of counsel. See RCFC 83.1(c)(4)(A). To accommodate this recent development, Plaintiffs seek modification of the briefing schedule. See RCFC 16(b)(4). Currently, the Government’s motion to dismiss is due by September 2, 2022. See ECF No. 11 (docket text entry). Information on new counsel is not yet available, but this request is made at the earliest opportunity to protect the clients and to clarify the due date for the Government’s motion to dismiss. Plaintiffs propose the following modification to the briefing schedule: ACTION DATE United States Files Motion to Dismiss November 1, 2022 Plaintiffs File Response December 13, 2022 United States Files Reply January 20, 2022 The Government has advised that this modification is unopposed.1 1 By email with Anthony F. Schiavetti, counsel for the United States. Case 1:21-cv-01949-KCD Document 12 Filed 08/02/22 Page 1 of 2 2 For the reasons stated constituting good cause, Plaintiffs respectfully ask the Court to modify the briefing schedule as set forth above. Respectfully submitted, HAGENS BERMAN SOBOL SHAPIRO LLP By: /s/ Steve W. Berman Steve W. Berman 1301 Second Avenue, Suite 2000 Seattle, WA 98101 (206) 623-7292 (telephone) (206) 623-0594 (facsimile) steve@hbsslaw.com Counsel for Plaintiffs Dated: August 2, 2022
Hopefully the jury will see it that way. Anything less is a travesty. A victory for us acknowledging GSE theft to bail out TBTF banks could provide more fodder for abolishing banks and switching to a crypto based system much to the satisfaction of the globalists. That way access, regulation and manipulation of the currency could be pulled off on a much grander scale. Would we be better off? Not likely. What's missing is deterrence.......accountability for wrong doing. But they don't want that. What they do want is a two-tiered system of justice permitting them to pull off similar heists in the future.
Posted on other board, i read that over a few times, not once does it look feel or act like conservator, more like blood suckers, thieves, mafia, self dealing, eternal punishers, take your pick.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169841900
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness
I only hope history repeated itself. .30 to over $4. Which took time but rumors are better than news. It went up and down a while but also went from 1 to 3. I won’t make same mistake I hope. It can move when it wants to.
GSE = branding / misconception problem.
I think the vast majority of people and even some in congress or senate (like AOC and max waters)think that government SPONSORED implies some sort of ownership (yeah I know that with “seniors” the gov can technically own a large portion of the companies). I hope that it is made clear in court that the government made the decision to sell the companies to private owners long ago.
Hope so!!! So many times, I felt we were close… so hopefully no political/magic tricks to harm shareholders.
Its about the best it can be right now, by years end i should know if its write off time for some shares or not. for both our sakes lets hope not and payback is around the corner.
Hello Trunckmonk - I am still holding shares… forever and a day… ugh. I hope all is well with you!
Checking in to see how things are going with FnF. Seems similar to a year or so ago
IF HOLDER did not investigate??? I think it's pretty obvious he did not. IF HOLDER's DOJ went after the criminal/perpetrator banks and Gov officials with the same intensity and vigor that Mueller and Cheney went after Trump for Russian collusion and 6 Jan 'insurrection' respectively, the criminals would all be sitting behind bars for life, F&F would be sitting at $200+/share, we'd ALL be enjoying retirement beyond our wildest dreams, US economy BOOMING, factories running 3 shifts, unemployment and inflation less than 3%, gas at $2/gal, COVID a distant memory, lines of division melting, war drums ceasing, etc., etc., etc. The roaring '20's all over again. But nooooooooo, the ruling elite would rather have open borders, drag queen storytime in our public schools, rampant crime everywhere, gender confusion, broken families, two-tiered justice system, high inflation and unemployment, rumors of wars and division.
All because OUR justice system decided to remove all deterrence to wrong doing. Kinda seems intentional, doesn't it?
Straight from the Gov playbook.
Too many times I've seen jury's asked to rule on what they've seen, not on what they haven't seen.
Defendant: No crime has been committed.
To the jury: Do you know beyond a reasonable doubt that a crime has been committed?
The class action now in Lambert’s court will address the issues in many cases. If anyone brought Fannie JPS or Freddie JPS or Freddie commons after Dec 7th and helped them until after final judgement in the class action eg: (settlement date) then everyone holding shares on ( settlement date) is entitled to damages payout !!!!!
Now the tactics are one GSE against the other. and they think FNMA cant start their own action, yes they can, based on any decisions made in the future. yes i own more FMCC than FNMA, same future for both.
Now the tactics are one GSE against the other. and they think FNMA cant start their own action, yes they can, based on any decisions made in the future.
Why wouldn't the govt just wait and pay out a few billion in the takings case then convert them to 100% govt owned utilities. That is the way to get rid of shareholders without having to pay them in full or liquidating the companies.
Preferred tactics have morphed to NWS, seniors, and warrants are 100% legal. That is all false but does play into fantasy almost as good as receivership for par takings. Domino’s starting to fall.
The difficulty with getting anything done is Washington speaks with forked tongue, or they abuse powers and hide everything of value to a court. I should have been gone long ago if I knew Washington was so dark and full of evil works. Pay back is coming in one form or another.
A lot of Political people are all talk no action! Leave it to the courts for any relief. The Government is so dysfunctional nothings getting done but printing money and spending it on dumb ideas
That is surprising. The politicization of the housing industry has been and continues to be so destructive to taxpayers. I suppose is possible Bair was just doing what she was told to do. Still, people in that position of power and authority need to buck the system and do what's best for the country irregardless of the political winds. But then they get quickly replaced by a yes robot. 4-year term limits are badly needed in Congress to help prevent hijackings such as this.
Really interesting interview by Tim Rood of Sheila Bair. She is clearly for the exit from Conservatorship and for less USG involvement. Really surreal interview because she did nothing for exit and reform for so long. She must have been banking on the exit while she was Chairperson of FNMA and now wants to speak her mind. Really good listen - probably will make you optimistic and angry at the same time.
https://www.situsamc.com/resources-insights/podcasts/hill-episode-16-sheila-bair-former-fdic-chair
Not only did they hide Gov/TBTF bank mess, they just armed the TBTF banks/Treasury/IRS with 87,000 foot soldiers who are authorized to burst into homes and use deadly force against non-complaint citizens. Soldiers hired by IRS which is part of Treasury whose directors are all former bankers. That sizeable army, which Obama mentioned they would do back in a 2008 speech, is currently under the direction of Q-tip.
Too many delusional and emotional people.
That is correct. You have to pass this info to Miami beach for the kite dude
The price is slowly increasing until trial date . I’d get in. Ow before this thing is over a $1
Good info, the angel is coming
WHEREFORE, Plaintiff prays that this Court:
A. Determining that this action is a proper class action under Rule 23 of the Federal Rules of Civil Procedure, appointing Plaintiff as Class representative and Plaintiff’s counsel as Class counsel;
B. Award $20 billion in compensatory damages under Counts I and II to the Class against Treasury;
C. Award $55 billion in compensatory damages under Count III to the Class against Treasury;
D. Award prejudgment and post-judgment interest on those compensatory damages;
E. Award Plaintiff reasonable attorneys’ fees (based on a percentage of not less than 2% of the awarded damages) and costs; and
F. Order such other relief as this Court deems just and equitable.
Mr. Angel filed a fresh complaint in the U.S. Court of Federal Claims Monday. This new lawsuit against the government has been assigned to Judge Sweeney. The current deadline for the government to answer or otherwise respond is Fri., Oct. 7.
WHEREFORE, Plaintiff prays that this Court:
A. Determining that this action is a proper class action under Rule 23 of the Federal Rules of Civil Procedure, appointing Plaintiff as Class representative and Plaintiff’s counsel as Class counsel;
B. Award $20 billion in compensatory damages under Counts I and II to the Class against Treasury;
C. Award $55 billion in compensatory damages under Count III to the Class against Treasury;
D. Award prejudgment and post-judgment interest on those compensatory damages;
E. Award Plaintiff reasonable attorneys’ fees (based on a percentage of not less than 2% of the awarded damages) and costs; and
F. Order such other relief as this Court deems just and equitable.
Mr. Angel filed a fresh complaint in the U.S. Court of Federal Claims Monday. This new lawsuit against the government has been assigned to Judge Sweeney. The current deadline for the government to answer or otherwise respond is Fri., Oct. 7.
There won't be any legislation or admin action before the midterms or immediately after, unless there is court action pushing them to do something.
Show trial. Straight facts? Far from it. More like lies and manipulation. Just like we've seen here with the GSE's. Courts have been completely compromised. Judge and plaintiff attorneys (funded by George Soros) political hacks. This case is far from over. Appeals will be filed.
Totally agree, there will be financial experts who will be called, who will calculate the damages and over payments to UST.
Plus it’s class action so we all will be rewarded not just the plaintiffs.
Followers
|
656
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
46464
|
Created
|
07/11/08
|
Type
|
Free
|
Moderators Ace Trader QueenVic |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |