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Does FHFA actually take into consideration anyone’s suggestions?
How does FHFA inform the Public on what was suggested and what was decided?
Maybe they can explain in Court, should the question come up regarding that they were requested to exit from c-ship.
Impressive breakdown, as usual.
Thanks Ano!
Did not expect this to be the lightning round. This was a hug batch of eggs placed before the Judges to unscramble. SCt remarked that it would take some work and Enbanc Judge remarked that it has to end.
They may not be financial experts, but they the Wnbanc Jusges do know the law and know Shareholders were and have been bamboozled - but by who? That’s the $63.99999 dollar question.
Thanks and good luck with your investments and your time helping keep everyone informed. It’s been a long journey and ready for it to be retired, so others may retire with confidence in our legal system.
Speaking of winning, anyone an idea when enbanc ruling expected?
Maybe a little Truth in Funding…
Jury would love that one!
I understand.
What gets me is that if the courts can agree that Shareholders have been harmed (and we as shareholders know we have), then how is a court to understand the anguish of 14 years of turmoil?
If one is to take harm as not physical, but to context as mental anguish or emotional stress and strain for being reasonable assured by the Government that they are doing everything possible to get the Enterprises out of c-ship, then the Govt is at fault and surely needs to settle for damages done.
As for property lost (unrealized gains on investments), one could reason that shareholders have been denied standing and have been discriminated by the Government. I know this may sound a bit far-fetched, but the pain and suffering of not being properly compensated on investments has been due to self-dealing by the FHFA - ban Agency that has been deemed unconstitutionally created and allowed to continue to operate for its own livelihood.
Can this be reasoned by a Jury?
Sort of defy the purpose of the board (IMO).
IMO is an opinion. Granted, it may not meet the expectations of the reader, but it allowed the writer a creative avenue to add his/her opinion(s) on a public platform.
Maybe this is a stressful venue at times, especially as one sees the stock being pulled down (or, heavens no - manipulated).
In-so-much as it is, relief, or, unwinding of one’s emotions during the ‘great wait’ period for the enbanc levers to be pulled, folks flock together to hopefully read a positive note, and/or have empathy for someone else’s thoughts and feelings.
Sorry if I caused you to disagree, but I thought Amelia’s words to be creative and from the heart. Maybe it didn’t meet the boards specs, but I read it for what I thought was humor.
I’ll try not to ramble in a negative way in the future.
Thanks and hoping your (our) investments are worthwhile in the long run.
Still wishful for an up/down thumbs counter..
Wish this board had a thumbs up or down. This would certainly get a great thumbs up (in a good way).
Thanks Amelia.
Yes, masters of deceit and greed. Like hungry sheep, everyone followed their lies.
Good words Robert.
Thanks.
What is really sad is that most investors bought in that Govt would be honest about terms of C-ship and due to manipulation was bilked of their investments. Many postponed retirement and/or retired without being able to recoup their losses.
My hope is that this is something that the courts can, within reason, make up for. It seems that our Courts have become enablers of bad government actors, and the public is being beaten into accepting anything that hints to a “well glad that’s over” deal. In the meantime, another bad actor emerges to replace the one that was never brought to Justice to own up to their involvement.
I hope the circuit court relights the torch of Justice for the Shareholders and teaches Congress and the American People what went wrong and how it needs to fixed.
What Obama did (sealing the documents) was simply inexcusable. The manipulation of monies via the back room bank settlements will forever be a lasting memory of how much He was was willing to go to create political decide and foster that social illness we refer to as racism. An illness that still permeates the corridors of our State and Federal Systems.
Odd to have been helpful during my life, through honesty, to help promote equality and fairness to all classes of people and to witness the suffering caused by greed.
Again, maybe the courts can start to mend our torn constitution, rip down the fences of deceit and help locate and punish those who need punishing.
They have the special shades that allow them sight what is real
“We have two that can see..”
[They Live] https://www.imdb.com/title/tt0096256/
Great article from 2014 that includes many of the arguments that paved the way to the higher court and Jury.
https://seekingalpha.com/article/2479095-the-case-for-fannie-mae-unpacking-the-motions-for-summary-judgment
As for standing- many of the earlier cases were rejected, correct? Plaintiffs were told that they did not have standing.
Maybe intended to be a 10yr program.
Good to clear the books for upcoming legal deals.
Good link Patswil.
I searched and located this..
https://brandywineglobal.com/PDF/534128692.pdf
Also a great post Tutt!
Good post Navy!
Yes, and that’s probably why Shareholders are on the pavement, with a knee across their necks.
Where was Lady Justice when We needed Her?
..’Isn't there enough money here to pay off every politician, judge, political party and banker?’
Wasn’t this the reason Shareholders could not go against Net Worth Sweep - Judges said Shareholders did not have standing, yet Shareholders do.
So, can the LP be set at the inference of that 1st Court rejection to Shareholder(s) that were being suit?
…shareholders have standing..
For that you win a quote of your choosing:
https://www.azquotes.com/author/10823-Friedrich_Nietzsche/tag/politics
Fingers crossed that People will wake up. Wheee is Hollywood when yo need them the most.
Careful, you too own a pair of those special lenses that allows you to see.
I see your point and have witness both Politicians and Government Employees, all Paid by Taxpayers, to be liars.
Oh what a web has been woven.
For the time being, crime still continues to out-run Justice’s ability to correct.
Amusing read, it didn’t like the ending.
Hope you are wrong.
Thanks.
I believe His guidance was via Banking committee - who did He get confirmed by. Also, where did He work prior to taking position at FHFA..
Excellent! Be kind enough to bounce that over to Her post on Twitter.
IMO ST has no background as for the macro of the Enterprises - no commitment to be an independent thinker.
At best ST may be able to chase the paperwork, but knows no one will police Her performance. Like Watt, who She watched and learned from, She will not be independent; only reflect what the phone calls from Congress members, working for the bank lobbyist, instruct.
I hope She is not confirmed.
Maybe, they got Loki.
You have to believe that Jury would easily be convinced that FHFA/Treasury could have easily promoted the recap - spelling out that:
- never mentions Shareholders relief
- never wanting to move GSEs off OTC
Can Treasury suppress an OTC stock if it wanted to? How can one backtrack trading records of a stock on the OTC, especially if it is being done via a shell. Many billions that annotate be traced connected to this saga. Time to end this boondoggle.
Meant to write…Got that-still (steal) ‘waiting’ for sanity and values to return to our legal system.
No problem-trying to decide what We should get each other for our 14th anniversary.
Got that-still (steal) for sanity and values to return to our legal system.
Correct me if I overlooked this, but the 2017 linked article I read did not give the amount what was the amount(s) you saw?
No truer words ever written.
If the Court hands down a clear and precise direction, ST may not want the job as it will mean She will need to actually do some work and release the GSEs.
Will this possibly get a forward split?
Makes sense to implement, but should not impeded end of c-ship. Also, skim 2% of quarterly profits for affordable housing - let FHFA and HUD manage and keep track of how monies are spent w/FHFA helping to keep everyone honest.
I thought the SPS was a back-stop in case F&F faulted - not a cash machine to be used to siphon more of the profits when Govt decided to hurt Shareholders and Enterprises more.
Lol - yeah that’s true.
Would really like to see this round the bend without going over a cliff.
FHFA has and will be the beast of burden.