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Any news about the 'LIBOR Settlement'.I saw some dockets going around about one of those 'Settlements' but it was really peanuts, something like $345000.
Really??? The Creditors would be 'given the stock' to extinguish their Debt. You need not shout at others about that and everyone is an Adult, far more educated than you and many here with far more experience in the Financial Industry than you.'Nuff Said!
Hay You, Mind your Language and tongue. There is a Certain Etiquette to be followed when you are addressing others on this forum.
I won't indulge in useless discussions. IF parties in US that are 'litigants' in a case before the UK Court, By definition that means that that Court's decision, is 'binding' 'on ALL Parties. Otherwise, No 'international contracts' would/could ever be adjudicated before any Courts! So Stop your incessant posts, and stop the 'ALL CAPS' Posts. Clearly, you don't know the Etiquette of posting on a Message Board and continue to railroad everyone here with your Boorish Attitude!
Great Post, Thanks very much for sharing your insights about the inner-workings of the RePo Transactions of LBHI and its subsidiaries.. I was well aware of Lehman Brothers RePo transactions, as it was in the news in 2008, in the months leading to the Financial Collapse. Not only Lehman but various other financial institutions were doing the 'RePo' transactions at that time, as away to survive due to the severe Credit crunch...But your lucid explanation clarified a lot of things for me. TIA & GLTU!
"CREDITORS ARE NOT EVEN COMPLAINING.
Which they should if there is undeclared asset."
??? Why would the Creditors complain if as Future Equity-holders, they would automatically reap the benefits of the BK Remote assets, through a proportional increase in Share price of the stock they would be given at BK Close?
The Judge's writing is illegible.....According to Lithography science of the Orient, such persons are prone to 'hiding things' and 'cannot be trusted'!
How exactly is "Posting' 'Cut & Paste' of a Very Important Judgement Order by the UK High Court regarding the 'Settlement' between LBIE , LBHI and 'other parties' that is resulting in 'apportioning the monies' being received as 'Revenue streams' by 'subsidiaries of LBHI' IRRELEVANT to anyone holding any flavor of LBHI Securities/Escrows???
Exactly! IF as TG claims that the two BKs are 'completely unrelated', LBHI need not have to 'keep on waiting' for the BK cases of the 'subsidiaries' across the Pond to close first...there is a reason we are following the 'sequence'...
Awesome! That's what I have been saying all along but you know who will vociferously deny any such inter-dependencies...
The 'Private Investor; is BLACKROCK Folks!. I went through all the Filings. They had to Postpone because Blackrock came and asked that of the 6M of their Warrants be immediately be 'modified' to be 'exercsed' at $11/share!
Maxine waters now talking and spewing Nonsense that the 'BIG Banks' DO NOT have 'Enough Capital'...
Maxine Waters want to STEAL $50B More from the FnF Twins Coffers now!
EXACTAMUNDO! For now, the ST Bi8!2ch is not really interested in RRR of FNMA, FMCC...
Yeah. What we'll be hearing will be Elizabeth Warren asking for More Freebies to be Pushed through FnF Twins and S.Thomson nodding in agreement that she'll do it! And the Repub Senators (Crapo et al) trying with their own barrage of questions with an angle on 'How to Kill Fannie & Freddie...Now I know why we crashed today...
Huh? What is this then?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174231863" rel="nofollow" target="_blank" >https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174231863[/tag]
Granted, this could be only a part of the LIBOR Lawsuit/litigation, BUT given how Teeny, Puny this 'Settlement Amount' is, I am afraid you are in for a big disappointment and So are all WaMu 'Escrow-holders' building up their Hopes on the 'LIBOR Settlement'. We've had the chance to hold MW & Brian Kosturos by the Scruff of their Collars and demand 'Where is our Money', prior to 'ratifying' any of the GSA with our 'Release' Signatures, But we instead 'listened' to their Paid Shills 'urging' us to 'Sign off our Releases' as otherwise, we will 'be LEFT OUT of the Settlement "F&R Promised" monies and with Greed & Hubris, we signed off our "Releases" and gave the Keys to the Henhouse to the Wily and Cunning Wolves and we are now suffering due to our decision...
So, why are you against the 'Common' stockholders then? OR Are you saying the Admin will NEVER Let FNMA & FMCC Out of 'Conservatorship' so that they can Continue to STEAL Shareholders wealth. All the Crooked Scundrel Judges in the Country are in the Pocket of FHFA & UST & US Gub'Mint. So, I can understand IF that is your Thesis and you are saying there is a slight chance that GubMint/UST will start paying 'Dividends' ONLY to Preferred Shareholders (Again because the 'DONOR CLASS' Hedge Funds Own the FnF Preferreds mainly). After mainly being a 'Commons' Shareholder all these years, with just a number of Preferred shares that "Hedge' against my Commons Cost basis value, I am really getting fed up now...Especially, whenever I see the ease with which the CORRUPT UST/FHFA /FED's MM Mafia Goons Short the Heck out of FnF Commons 'at will' whenever they like, to drop their PPS.... So, I am wondering myself IF FHFA & UST will ever Let FnF Out of "Conservatorship".
"in full and final settlement of the claims asserted in this Action, the Settling Defendants have agreed to pay $3,450,000"
Really? Probably you'll say this was only for certain Hedge/mutual Fund companies and not the FDIC lawsuit but come on... A $3,450000 "Settlement"? Really??? I bet the Cost of Usage of the Courtroom/Toilets/toilet paper in the courts where all these "Lawyers" 'Converged/Colluded" to 'argue in the Court proceedings' would have cost more than this!
Exactly! The Govt is ;Poking our Eyes with our own Fingers'.
What /Why do they care? It is 'Our Own Money' that they are going to pay as 'Interest on Judgement award' anyway....
Yeah, C. Whalen and his criminal-buddy MBNA Banksters can F'OFF, All they want is to STEAL FNMA, FMCC's business....Scundrel Vermin infesting the Planet...
So, Why are you here?
The question now is not whether there was the Safe Harbor. The question is whether the 'Escrow-holders' will ever see those "F&R" recoveries that were promised from any of those Assets...For All I know, they could have already been pilfered by the Hedgies & JPMC...
Whatever happened to the "LIBOR Settlement"? Any new Insight/update from folks 'in the Know' from the other Board? TIA & GLTU!
I Agree....
AMEN, LOL!
REALLY??? Look Who's Talking...'Nuff Said!
GET BACK ON YOUR MEDS, MR.
It's a Chapter 11, NOT Chapter 7, Get IT???
The Question should be: For Fifteen years, How many times did LBHI state(Lie?) to the Court that it is 'closing' the BK Or that it 'has contractual Obligations towards the Sub-ordinated Securities and hence their Interest Pmts have to be made"? It has been doing that in front of the BK Court in the US and also in front of the BK Adjudication Courts abroad...
SHHHHH. ...We are about to get paid $100B+ from the "LIBOR 'Settlement' that FDIC is overseeing for us...
I am Getting Ready for tomorrow's Blast-off Opening at $15+, as we could possibly see news at 8:30AM about a 'Private Placement' of maybe 5M Common shares 'Unit's @$15.00/share Plus each Warrant in the unit exercisable at $15/common share, upon dosing of the 1st Patient in the Phase 3 trial...with total 'Net proceeds' of around $140M giving Runway to EOY 2026!
Going down on knees tomorrow to 1.09 is you begging everyone to give their "Glorious Release unto you" so that you can Close down your "Short Position' because it is going to open up at $1.49!
Really?? Looks like you are 'pushing' the Hanky-Panky Paulson story about WaMu. Wamu was deliberately 'taken down' to save JPMC. In fact JPMC's exposure to sub-prime was bigger than WaMu and then they had Trillions of 'Bad Bet' Derivatives Exposure and the Bank was sure to 'go under' as it did NOT have the Deposit Base which Wamu Had (WaMu Dep Base $300B+). And the OTS, which was WaMu's Regulator gave a Clean Chit to WaMu and verified WaMu's own Audit's that showed WaMu's 'Risky' sub-loans were under 20%. WaMu was deliberately taken down and 'gifted' to JPMC so that JPMC would get the $300B Deposit Base to buttress its own Balance Sheet and on top of that get the whole stellar -performing Mtg 'Loans Held' Portfolio of WaMu.
The FED, & FDIC & Hanky-Panky Paulson's UST deliberately even went to the extent of 'Shutting down the OTS For Good' so that they could 'cook the books' and precipitate a 'Bank Run' on WaMu, with active connivance from JPMC & GS Co.
This stock was 'walked down' in PPS Friday afternoon. I am fully loaded. This is going to move up north of $30+ next two months. It has catalyst "READOUTs' coming up next two months and then into 4rth Q. Do not sell out for peanuts profits if you want to make massive gains, just HODL it till EOY 2024.Also, very possible it could be taken out anytime...GLTA!
So, What are you saying? The Congress will "Gang Up High or Nigh" against any attempts to set FnF Free from the US Gub'mInt/UST's Clutches? There is no hope/ Investment Thesis for investing in FnF Commons/Preferreds? TIA & GLTU!
No. That would be stating it incorrectly. The Dismissal was only limited to CitiBank. So, the Filing about the Dismissal by FDIC is actually Positive news, as it would mean that the 'other' major Defendants in the LIBOR case are not being Dismissed. This was clearly stated in the Filing to the Court by FDIC.
The PPS 'Takedown' by the MMs is Pure PPS maniplation.by FHFA & the MMs to steal shares. Can't believe how easily they can manipulate the PPS - we are dealing with a CORRUPT UST, FHFA & MMs & SEC....
Thank God, I Blew off 25000 FMCC Yesterday and bought CADL yesterday as I thought I will parlay back those profits and buy back my FMCC shares with that.. And had no clue we'll drop like this today. Also, just today, when it FnF started falling, I sold off some 10000 FMCC like 1.29 and pretty much 'switched them buying FNMA almost at same price...Not sure why we dropped so much, it could be PPS Manipulation on the LIBOR DISMISSAL 'news' or it could nbe the 'news' about the Earthquake in NJ. Maybe folks are scared about damages to new homes that are on FnF books!
Yeah, This is pure MM & Hedgie Manipulation. I bet some big Hedge Fund guy is Loading Up on this Manipulated Drop. We may be up like 40C easy when the LIBOR Settlement News comes out....
Looks like the Shorts took this as Reason to Bring down MCC & FNMA just now...Or Hopefully it is the Hedgies LOADING UP through PPS Manipulation because next week we'll see the actual "Settlement" between FDIC and the Parties against which it DID NOT DISMISS the Lawsuit charges...Hoping We'll go up Substantially when we see the LIBOR Settlement soon....
Then Even Better...
Looks like you are OFF Your Meds Today, Better Pop them before you burst some arteries in your Brain!