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That may be, BUT the law says shareholders have to be fairly compensated.
Secondly, the criminals broke many laws including misrepresentation , fraud, perjury.
Not going to be that simple unless Trump willing to blow the roof off.
You must be very young. The fraud you reference was follow up to the Enron Crime. Gses refused to do the change legislated by Congress to account mark to market on assets. Howard was cfo who faught the change because he visualed any change would take a excellent credit and make FnF insolvent over night. Market Liquidity disappears and the world economy vanishes. Howard understood that reprocussion. You should understand it. But some of congress didn’t. Others had evil plans. Howard was obstacle to those evil people.
Saw “monkey flying out of butt” in “WIZARD OF OZ” living color. Lol
If you are referencing the Rafter case , Rafter received permission to file in line with other cases under Judge Sweeny . Defidents were denied before Rafter filed. If correct, Rafter was given time to prepare and bring his briefing into line with other cases filed. Then the cases will continue forward to set schedule of Judge Sweeny .December 19 , 2018. Case oral arguements scheduled in 2019.
I agree , but liberal SCOUSA says a business is a living entity . So, instead of CEO getting chair, the building is torn down. Sad. Building was great citizen.
Courts are not the last word. People as a whole have the last word. Ask Czar Nicholas of Russia how he and his family fair . I forgot , they can not speak.
Gov stated would hold harmless if the old board and officers would leave . Gag order was put into place after new board placed.
Navy has this request for leave by plaintiffs been granted by Judge Lamberth. Did not see a signature on the form.
“In any case I think we all agree that neither junior preferred nor senior preferred have any voting rights other than being able to vote on changes to the terms of their own preferred shares. ‘
Are you saying that Law-guy statement to T Howard is correct about Preferred have a right to vote on any change effecting the terms of their Preferreds ?
FHFA will argue that preferred voting right was executed through FHFA . FHFA has the right according to HERA AS ALL shareholder voting rights were assumed by conservator. But, as argued in Lamberth case , value was stolen.
Easy to verify. It was a executive order by George Bush Jr. in October 2008. Messaged to public by Lockhart and Paulson.
And, the good loans were frozen because no MBS market . So, FED buys MBS from FnF through QE . These MBS of high quality loans packaged generated billions of dollars for the FED . FED not suppose to make a profit So the profit was given to the US Treasury. WHERE DID THOSE BILLIONS GO ?
The VALUE and UTILIZATION of your investment is being denied , which is defined in law as a Taking. Otherwise , you can buy a house but you are denied your right to live in the house you own. That is what we have here. You can buy the shares with expectations of sharing in the profits, but you are being illegally denied any use or value of those profits.
Thank you Queen. Enjoy the Dark Chocolate Cherries.
I am one of the originals. Took position july 2008.
I was agreeing that the mouth ( aka Yank} needs thrown off the train . Maybe a little luck he gets his A%t permantly caught in the Rail before next train blows by. Just a Easter Bunny wish. Lol
Agreed.
Where is info on Plug contract with China Company? Oh! There is none. Why ? Cause there is no contract.. So how the hell is China new taxes going to effect a company price per share if they do not do business in China? Sounds like you are owner of some of 33 million short.
Where is info on Plug contract with China Company? Oh! There is none. Why ? Cause there is no contract.. So how the hell is China new taxes going to effect a company price per share if they do not do business in China? Sounds like you are owner of some of 33 million short.
I would like to send them on their merry way.
They own nothing until they exercise. Point to be made is neither the senior or warrants have any voting rights. How is government allowed to do this bs ? Because they can!
You have link to your 2 claims ?
What we have is : our government as a “Corporate Raider “ define as a financier who makes a practice of making hostile takeover for companies, either to control their policies or to resell them for a profit.
Or both in our case.
This currently is exactly what the government did/doing which was declared criminal in the 1980’s when individuals and/or mob practice raiding companies .
Paulson is an arrogant pos. If I had an avenue , I would shove that bazooka up his a$4 and trigger .
You wou;d havw to dd media ( tv interviews, papers, radio, magazines etc..) to locate gov officials making woergless claims. Example : Barney Frank in tv interview with Marie B. stated shareholders at that purchase time would do quite well. Then he comes back after sweep plan in place , claims the shares were worthless and going to zero. There were many examples with different motives.
The prior holders were mislead by misrepresentation and fraud if all sources by plaintiff are correct.
No where does it say shareholders.... it says enterprise ( meaning gov) . You think it means all shareholders. You have the reading comprehension issue. As you do on many of your posting these days.
Not us , them (gov).
Thank you for sharing.
Thank you for sharing.
Anyone hear or read anything from plaintiffs about Supreme Court decision not to take the case? Plaintiffs gone quiet ( mouth shut). Little disturbing.
Anyone know ? What happen to the Fairholme / Sweeney case March 8 plaintiff briefing deadline ? Can not find anything about briefing deadline being met or extended request. It just fall off the earth ?
You need something to get captive attention. Anything less is a waste of time.
Dated 7/2015. Quiet since.
I agree. This is where you have to read berween the lines. Comments current market smooth vs 1% private only participant , needing more private market that wants less government . Government can make this happen with a couple tweets . You do not have less government with nationalization or utility. Emphasis they do not need changing Tweet to operate- on the paying ability premise and not housing goals . As stated housing ( life) is not fair. It is business.
Navy
Western- was submitting a brief tomorrow , but requested due March 8 2018 ( 2 weeks)
Defendant respond June 22 , but agreed due June 29 .
Sept and Dec dates not changed. Last 2 most relevant at this time .
Any attempt by gov to wipe out shareholder would of exposed gov lie about FnF insolvency. Recall a gag order allowed no discussing the gov actions. That gag has never been lifted.
Everyone knew Fannie draw $3.7 billion draw 9:00am . Could not find anyrhing on Freddie $300 million draw until 10:30am.
Who is Jones ? Where is coming from ? All this remarkable characteristics from where ? Need real background ? Need verifiable facts on his background.
If correct, I believe that amount of shares in both Fannie and Freddie .
Fmcc earnings ? Why all the silent treatment ?