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3 things
If Fannie draw is 3.7 billion , Freddie draw maybe 0.00 ?
Plaintiff admended complaint due in Sweeney court Feb 16 ( Friday) . Any change should reflect the out come of recent discovery.
March SC provides insight where one case is accepted.
That definitely up there with ignorant tweets . Taxpayers have not paid a penny . FnF have been distorted billions . Distorted billions and allowed borrow those billions ( government mafia credit line to borrow your own money for a dilution of ownership on every draw ).
Ahhh Navy , you know Ruud likes to distort info .
A hit piece with lots of over statements and misleading statement of facts. The set up to influence SC and public ?
It isn’t just FnF .....
Considering your uninvited constant political narrative , should anyone be surprised what you see and think. I would suggest a couch or eye exam.
Klugman talks out his a$4 .
Never was a housing trust fund until HERA broke the law with a disignated trust fund funded through and by FnF profits by law. The difference between Obamacare and Hera stealing profits was legislated by a law approved by criminal congress.
We all here are learning. That is required when someone trying to snooker you.
‘ If we FnF shareholders do win any particular lawsuit could such a win lead to another lawsuit by shareholders that could include treble damages?
Go FnF “
I think one of our astute legal experts stated treble damages can only occur if a crimal act ( not civil ) is proven can a treble damage be awarded by the courts.
If breach of contract is proved favorable , does that create a crime or something less ?
Can a proven breach reopen the pursuit of other issues that conservator has blocked like access to books and all associated privilege documents ?
With a breach , is this suspecting enough act to require investigation for dark state motives ?
Lots of questions need answered .
Lambert is retired and came out of retirement for this case. He is part - timer.
GSElinks. Provides all the information. Plaintiff claim is public. Piggyback can be verified by referencing in Berkowitz case.
GSElimks provides info that Federal has piggyback on Berkowitz case in Sweeney’s claims court case.
Washington Federal is inclusive of many areas in lawsuit . Check GSElinks.
Would bankruptcy downgrade credit rating of FnF and/or USA / ? If yes , then economy is screwed. I would not want to be them or family. Common people have a mean way of reconciling_ CZAR Nick knows.
Ameritrade shows 14% of float short. Float is 224 million shares. You are correct. My calculator had fever and upset stomach last night. I was wrong and should of been more alert to output. Disappointed!
22 million short from 38 million , 14 % of float . Quite an Improvement. Someone knows something.
That is exactly what Jaimie Dimon said last week in interview with Marie Bartromia in tv interview and on utube.
Any opinions on Solicitor General”s opposing opinion on 3 plaintiff’s case appeal ?
$FNMA #FANNIEGATE
Posted on January 17, 2018
The Solicitor General filed its brief opposing the Cacciapalle Plaintiffs, Class Plaintiffs and Fairholme’s petition for review to the U.S. Supreme Court today, and a copy of the brief is attached to this e-mail message. The Solicitor General tells the High Court that the D.C. Circuit’s majority opinion is correct, there is no split of authority among the circuit courts of appeal, and that shareholders overstate the practical importance of the D.C. Circuit’s decision.17-578-0006
“ Wow what a reversal; Jamie D. just said FNMA is needed just the way it is. Trump will take the 80% common ownership, retire the preferred since they put $116 Billion and got back $175 billion billion nice fee to backstop a company but will allow FNMA to sell the 80% common shares for a price much higher and infuse capital into FNMA with new provisions the company must live by. New equity requirements etc.
It is so wrong what those Motely fool idiots put out on Friday. “
Statement pasted this morning on yahoo. Jamie Dimon interview with Marie B. . I didn’t listen but if true , we are good.
Done that ! Put into trust.
Gov stated board was contacted by phone for vote. No meeting was ordered , not a teleconference either , nor any administration record ( board meeting documenting minutes of such actions or record of each or any director vote ) , nor any director confirmation of happening . One of the mysterious questions need answered that pose the event as completely illegal and criminal. Those 12000 documents have to be exposed. Will they ? DOJ and FBI completely corrupt. Access will be denied until those agency heads are cleaned out. Courts are corrupts , no help from them. So, you have Trump and the military ( the only answer ) which the libs like to refer as the dictatorship. Well that is part of the cycle stages to correcting imbalances.... going from a Republic to a.Democracy to a Dictator to a Republic . Another way of presentation is Law and Order to a Posse Mentality to a Military presents back to Law and Order .
I agree. I believe this is temporary agreement until reform is completed and enacted . Maybe Obi or Tim Howard can give interpretation / meaning to letters on the sweep going forward.
Cship not illegal ? Remove the gag order and give us access to all documents and books . The gov has no credibility . The courts have no credibility . Remove the gag order and give us the books . Do not try telling us what is legal and illegal.
The entire cship was a fraud or explain why the gov has taken such strong defense or lied to avoid exposure on all things related to cship . The democrats and repulicans have never agreed on anything so why have this Fks never exposed the other on this corrupt exercise ?
Shucks! Obit are we still here ? Hey, what’s in your SOCK ? Have a Merry Christmas and a great New Year .
Agree 100%
The article repeats Corker and Henrsing ‘s disaster bill highlights , incorporates the nooch policy in quotes in attempt to make lemonade out of lemons. Selective reading by some is disingenuous . Maybe the article was placed to affect the dysfunctional legislators voting outcome this week.
Sogo, did not expect you to post a reply this late , to stay young we young folks need our sleep. Lol. Thanks for your reply. Maybe someone one the board in that profession may help us out with an answer.
One issue during crisis was the title ownership , a issue result of dirivities and second mortgages . Many loans using a single mortgage. I have to find a means to locate my title and have it released to me . Peace of mind ! I
I have to have my sleep. Had congestive heart failure 3 weeks back, have rehab tomorrow at 11 pm. Then Thursday appoint with retina doctor for laser treatment to clean out dry blood inside the eyeball. This is very intense light. They have to perform in 3 settings ,
Again, thanks for your kind and inform response. I get to feel better, we can pick up on conversation.
Sogo, a question for you, if you well. I paid off my house mortgage. I asked for my title and the bank said they would mail me a letter confirming my loan was paid but no title is sent. Retracing my experience from buying the house and working for CIT years ago...... their were titles and title companies that had title abstracts that showed history of title owners and liens against property. Bring me up to date on titles and abstracts. Do they not use titles ? How are title records maintain and by who ? Thanks in advance.
I agree something smells.
Bove says he THINKS December will not be paid. Why bring it up Dick if you don’t know.
Fannie CEO says Fannie will continue sending profits to Treasury and FHFA. Does that mean Affordable Housing Trust continues to get our dividends ?
And, CEO says we ate in the black but common negative $`132 billion. And restricting a 13 percent profit per year. And, gov takes it all. How can recap occur ? Oh , not going to act now, put off.
So why are preferred getting back dividends when they ate non- cumu;active . And, how does paying preferred resolve common lawsuits concerning constitutional liability ? Common holders Ackman , John Paulson , Carl Icahn just going to fold ? Do not think so .
This Bill is a piece of shit. Gov wants all business in gov hands to control and push social agenda . Read ceo comment about Fannie going digital with the entire RE business. RE and health insurance controlled by gov digital.
They cou’ldn’t regulate 2 companies . Just more bloated government.
So all documents in the cship and. 3 amendment should be made available for judicial review to make an inform and just decision. Not as stupid as we believe , courts just selective on policy and process to support their personal ideology ?
Funds not for ACA. Watt wants funds for Affordable Housing Payment that was legislated in rhe 2008 HERA.
There is a takings ..... taking profits to pay affordable housing . How the floss that legal ?
Patswill , check date.
Unconstitutional that FnF disignated or singled out to pay higher rate then all other tax paying members of society .
Remember John Paulson shorted FnF in 2008 and made profit $42 billlion approx . Then turn around and bought a position for the upswing . The same Paulson supported Trump’s presidial run. And, behind Moelis Plan.
Here is the post on conference by invite
To discuss long term future strategy
At a fuel cells at a inflection point referencing Toyota / Autos.
Business Review
Nov 29, 2017, 10:27am EST Updated Nov 29, 2017, 9:30am
Plug Power, the Latham, New York, fuel cell manufacturer, is hosting a conference for institutional investors and analysts at its headquarters next week.
The event, on Wednesday, Dec. 6, will bring together institutional investors and analysts to meet with Plug Power’s CEO Andy Marsh, and other senior management members. The discussion will cover the company’s long term growth strategy.
It is invitation only, and will be broadcast online.
Plug Power (Nasdaq: PLUG) makes fuel cells, called GenDrive, used to power forklifts in warehouses and distribution centers. Fuel cells are seen as an alternative to lead-acid batteries. As part of the package, Plug offers hydrogen fueling stations called GenFuel to attract more recurring revenue. The full system is called GenKey.
Today, Plug has shipped almost 19,000 GenDrive fuel cell units powering industrial electric vehicles for some of the largest companies in the world, including Home Depot (NYSE: HD), Nike (NYSE: NK) and Carrefour, Europe's largest big-box store.
The company has around 400 engineers, researchers and technologists in Albany.
Marsh has said the fuel cell economy is at an inflection point. He expects the industry to become more in-demand as companies like Toyota put fuel cell cars on the road in California, and countries in Europe and Asia make it a priority.
In the last year, Plug Power has signed major contracts with Amazon.com Inc. (Nasdaq: AMZN) and Wal-Mart (NYSE: WMT), and recently completed its first shipment of ProGen engines for FedEx’s (NYSE: FDX) electric delivery van fleet.
The uncertainty around Plug's future prospects, and the fact that the company has yet to turn a profit, have brought the stock up and down this year, selling for a low of 85 cents in February to a high of $3.15 in early November.
Put options dec 1