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Actually, you are both wrong. The government wrote those warrants to themselves as collateral if the debt was not paid. It was paid. Also, they amended this deal with no shareholder representative being present. Thirdly, they cooked the books to make the gse look as if they needed a bailout and they did not. This is well documented by the emails written by those government officials who lied, stole, and committed treason against the constitution. Are you and reck working in tandem here? Both of you seem hell bent on convincing the board we owe the government 79.9% of our company. I'm pissed, I hope others are as well.
Given the aig case law, do you think they are legal and binding?
In the end, we are all canibals. Currently we have rules by which we eat each other.
Or we could combine our efforts and pay judge steele to hammer away at them. They need to pay. It's up to us to deliver karma.
I think each of us should set aside a % of our gains to sue the key actors personally. We know the criminal courts will not. Let's go after them in civil court. If everyone took out a small claims suit...for 10k in lost dividends it would bury them in leans against their holdings...it's time to get organized. They are...we should too.
Damn the don p is expensive
That would be against the law. If you add shares, you must disclose. If they did that they would have set themselves up for lawsuits that would be criminal and attack their personal wealth...no protection of being a political figure.
System is broken.
Charlotte observer ur newspaper? If so...we neighbors
I feel like the government wanting to combine all these cases was to strong arm a settlement. Now that they are to remain separate, that option is gone. I hope that these cases have strong resolve and want to have a ruling. It's only fair we have our day in court. I'm ready to hear oral arguments...just need beer and popcorn.
It will also let us know the opening price on monday. I'm convinced of that. Happy friday....smile
At least you use math and complex algorithms to make your predictions...this guess is no doubt gonna be spot on.
I find it interesting why their is a push from so many here to accept the warrants as valid. Seems odd and timely. Sorry, you will never convince me otherwise. Don't give up...I'm sure there is a sucker out there willing to listen.
My guess is the government did not respond.
It's the last thing the government has to spin... that's my guess why it's even a topic on this chat room
I guess the dividends were off by that same amount
They are the only competition to the private bank the federal reserve. That is the force pushing us to extinction.
Ru big bank yank? Pro warrants, pro Mel watt, pro establishment...you are spreading misinformation...u are uninformed or deceitful. Which is it? I prefer uninformed. Most of the guys that have been here for years and years, know the difference.
Thanks for building that relationship...I appreciate the feedback.
One last thing they weren't given the warrants they gave them to themselves. I think the proper term is self-dealing.
The warrant was an insurance policy if they did not get paid...don't worry your opinion does not matter. My opinion does not matter. However, the judges opinion matters alot.
We differ. Strongly differ...those you are rooting for fighting this case differ with you as well. We have case law with the aig warrant case to prove our point. The government has lied and fraudulently betrayed the shareholders...I don't want them as a business partner.
The warrants are illegal...they have not been challenged in court yet. But I'm sure that will be challenged after the nws is stopped.
Eight years a slave this September
There's a gap all the way to 65
Usually the short start talking about gaps that need to be filled
The government will spin this as they won. They will say they turned them around and made them profitable...it will feel like the propaganda machine is at full tilt, even though they lost. People are stupid, they bank on it. If that don't work they use force to convince otherwise.
That's my take...run before supenas is delivered.
Question for the group...can you buy an annuity that is tied to fnma and have it owned by a living trust? Looking for a tax dodge.
We need an algorithm update
Let that sink in...best alternative I have is the costa rican currency...nice exchange rate, little dollar exposure.
If we were that close to default...think of the implications. For the first time I am considering purchasing foreign currency as a backstop. The dollar is not sound.
The bombshell...the unraveling of markets...the ex privileged docs...was the treasury was in default. That is the big lie...their I said it. We were broke. No one would buy our bonds if that came out. We needed to take the two largest companies and pay off our shortfalls. We temporarily became communist. That's the bloody secret the government is scared of going public.
955 this is not a response to you...more of a public announcement. We need to be mindful of what we post. These statements could be brought up during hearings. Consider yourself a victim and anything you say being used against you. I suspect we may be in court along time fighting the wrong doing of others. Probably gonna see alot of individual civil cases rolling at the same time. Just post as if 12 will be judging.
We need that guy on a class action suit for punitive damages.
I bet somewhere in that stack of emails there's one that says the treasury was the one that needed to be bailed out
Look at the pps prior to take over on both companies. One day they will trade on their independent value. I personally think fnma is more valuable.
I bought a few thousand worth several years back...I sell when I can...but the price falls 50% when I dump it...