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"Yeah, I know. I was thinking of Watt while typing Lew. Happens sometimes. Really not a big deal since most of us know what I was referring to. Relax, stud. It's ok. I don't do that bad for a guy who's had dyslexia longer than you've been alive." Lol
Did you forget to post your source on that last statement ? Just checking for accuracy. If you might be Buffet , probably a true statement.
My apologe on previous post. I see Obit caught you. Need for double jeopardy.
Director is Watt and Demarco prior to Watt.
Treasury is Lew and Geitner prior to Lew.
So Kowning correct name to title should amend your statement about who has the authority to end cship.
Is this bank where Bill Gates , George Soros, etc. put their Billion dollar energy fund ? Also, are these same that are the unknown investors that provided Plud take $200 million shelf ? Reading that press release and Gaye's article last week.....the dots are connecting and make sense. If true, this is extremely positive.
Another. Loan ? What was the shelf $200 million to unidentified investor ? Not clear!
Sammy, Paulson lives in Chicago area and work at .University of Illinois Chicago Circle. Probab cano locate specific on. Map search.
Yank, I like this settlement plan.....
" The simplest deal for a settlement would be a clean slate agreement that all deals and debts under conservatorship are cancelled and things go back to the way they were in August, 2008. Senior preferred shares are cancelled. Warrants are cancelled. SPD are terminated. The sweep is ended.
So what does the government get for its offset to givebacks? An end to the $400 B backstop. An end to settlement cost risks, at least for the majority of cases pending in courts. An end to Documentgate releases. An end to HUGE DOJ defense costs. And, possibly, a deal to have GSEs write off DTAs and resume paying Federal taxes, albeit at likely lower corporate rates under DT Tax policy revisions.
This is a businesslike sort of settlement. Trump is a businesslike guy.
JMHO "
If you allow me, i would like to offer 2 simple additions
Recap :
The gov pirovides a declining backstop by means
100 % of Determine Total Recap amount
Annually Gov Recap commitment Reduced by federal income tax payable to a capital credit on Fannie balance sheet.
Proceed with reduction until Fannie Is fully recapitalized.
Here is the point.....
Gov taxed the sweeps and TBTF settlements the gov stole.
The annual $18 billion would go a long way to recap.
And, other income would not be stressed to pay dividends to preferred and common .
Nor no need to recap through executing warrants or secondary offering..
I hope I didn't offend you with my inexperience. Your reply is golden with information I will treasure.
Sorry, doesn't excite me. Gov keeps fraud 256 bil and keeps warrants (79.9 ) of my share value. And we have to raise. 2.5% before FnF are released from cship. Sounds like Howard pulling tricks for gov so social policies are funded.
Your objection is industry has reached ceiling and would be at risk if doubled ? How does the risk compare to SS or Medicare which are very large pools of risk ? I am thinking SS pays out $400 billion approx per month.covering beneficiary, spouse, dependents, children, disable etc. . History tells us with or without gov oversight going to be big time abuses and distribution problems from on sorce. Multi sources only makes harder for regulator. So too big or too many project abuses. See that currently in SS and Medicare.
Settlements for shareholders could be issued annuity for each shareholder awarded. This pertains to a direct award with each shareholder. Not a grouping or company specific. This is strictly for any shareholder payout. Not a recapping solution Answer for how a busted gov could handle settlement shareholder payouts. Gov does this with lottery. That would be back dividends and/ or other damages owe to shareholder.
150 day default..... 5 months delinquent on minimum payment. Should we be concern ?
Yes, Hercules paid off but why are we diluting shares by issuing new shares to paying off debt ? Recall AM saying loan would be paid off within the year , but didn't specify how. My assumption was with cash. Surprise he issuing new shares after saying would not dilute further. What am I to think about AM ?
Define Watt's meaning of housing reform and you have the specifics of his position on need of or not of cship. His everything is framed toward that goal. When he suggest dooms day for FnF if congress does not act soon, appealing that congress will realize everyone victim if they don't concede soon.....we have an emergency if we don't act now ( sales pitch to influence behavior).
UK did the press release state the offering is being made to one institution investor ? That would be the biggest holder to date if true. Any idea who it might be?
Proceeds and cash being used to pay off Hercules loan and attempt purchase of European gas equipement company.
Hercules was the $10 Milion or $30 million.
I thought the $30 was to pay off Hercules and provide cash for expenses ?
Yes it will be quick. Do not want those DTA values shrink as result of tax cuts.
And, Ackman's projections were based on the sweep, it was done before Sweeny's revelations of the corruption prior to sweep.
As for settlement, the gov has used annuities to satisfy past claims and lottery winnings. That is an option if struggle with paying shareholders.
The gov doesn't deserve a break. Going on for eight years and both sides of parties and gov adiministration did their best to stone wall us. Think of all the articles, statements, letters and memos as well as herding the media. Someone invested in last couple of years has no idea what this has done to long timers. I think the least we can do is force resignation without health , pension and other benefits and Privilages.
Last line says it all. A another fkn political con artist, damn courts need to allow documents so everything is publicly transparent before any decision.
" If "inefficiency, neglect of duty, or malfeasance in office" can be substantially and demonstrably proved, then removal for cause by the President of the US is possible. On the other hand, if "inefficiency, neglect of duty, or malfeasance in office" cannot be proved and convincingly demonstrated, there cannot not be a removal for cause by the President of the US. "
I think cause exsist without debate.
Government not allowed ownership in any private business......constitution of USA. If allowed, created a slippery slope for future intervention and precedent to validate. It is best in plantiff interest to do the right thing. Paulson took up the fight against corrupt government and can be respected for effort . Remember John Paulson shorted the chit out of FnF leading into cship. He screwed a lot of shareholders on that short. Now he is patriotic if he is long preferred ? If his game is screw everyone so he gets his dime while all others shortchanged a nickel, that is greed not patriotic. I would take less to avoid a unconstitutional precident.
It does take eight years to throw the dice to determine a winner ?
Obit corrected my question as you have on whether the warrants were exercised. With explananation. Hank you.
Sogo, distress undervalued stocks would have to include renewable energy stocks. They are the future energy of the world. And, shorted heavy by threaten industries like oil. I like plug at 1.44 close Friday. China is going full scale fuel cells . China starting out with $100 billion investment for 5 years. Plug power doing autos, stations, material handling vehicles, many other targets. Ballard doing trucks, buses, trains. It has started 4 months back.
Plug has many 500 companies. Walmart , Home Depot, Europe Markets, etc. . Amazon., Fed X others testing for big contracts.
Hydrogen fuel cells are going to replace oil. Read about it. Auto dealers already making autos. It will work as gasoline. Reformers exsist to make h2 on sight. Gas pumps converted to H2 delivery. It is here and markets will be xpand quickly as as cost comes down with solution resolve delivery, which Reformer will eliminate high cost of transportation to commercial service outlets.
Plugs revenue has grown 50% ever year for last 3 years.
Plug suppose to beat big time 4th Q , estimates for year $150 million. Looking for $180 million or more. Forecast for 2017 reports last of janruary. 4th Q reports end of February. Will go $10 or higher on great forecast and great earnings report.
Look into.
Financial statment shows 5.75 billion shares? Did they exercise the warrants and never disclose ? We have a TAKENS with that evidence. But how will the value be determined in a settlement ? When did they exercise ?
And HERA violates constitution.
Does a corporation / business/ prospect want an ITC on the purchase of equipement / supply or more expendable / investment funds from taxable income reduction (Trumps plan) to purchase equipement / supplies ?
That. Is a Harima candlesktick where open and close is inside previous day trading candlestick BODY. Gap BODY OPEN AND CLOSE has to be outside the previous day BODY
UK, after reading the 2 posted article links, I was curious about VW mentioning their stacks. Are they producing own stacks ? Is this common practice ?
No. But I read that a turkey in the oven 1 minute is a trike you stuffed,
Nope. There you go making up chit. Wikileaks and some FOX was the source on exposing HRC . The remaining {left wing) played it down or ignored and preferred promoting tall tales about Trump's infidelity.
For left wingers that believed
Trump a billionaire with business in casinos, hotels and real estate...
Had time to waste.
Would rather fly commercial cause he wants long waiting lines and delays,
wants peanuts and can soda ,
enjoys some average joe poping his lips , the smell of chip cologne and perfume,
and do something that exposed himself to lawsuits or bad pr.
The only 2 things that put him on that plan are....
1. Whitness on a commercial plan which there were likely many
2. A record on storage of Trump's ticket purchase
3. A record that shows bothTrump and accuser were on same plane at same time and seated by assignment by each other.
CONCLUSIVE EVIDENCE THE ACCUSER DIDN't SUPPLY DURING HER RANT.
TRUMP TRAVELS BY PRIVATE JET..... NOT COMMERCIAL.
Case close
Again look who invested in the company shares and invested big big dollars in court for a $4 stock?
And, new treasure is some dummy ?
It was a. Paid article.
But as you say, they are entitled to print opinion.
Not bashing, just reasoning.
Continue with your excellent info sharing. We know what we have.
Gltu!
Reko, there is no history of gov having to bailout FnF . So no history of implicit performance means no explicit reliance. Also, the contracts with originators states " No Guarantee ". The gov guarantee is for bond holders'. So, are we talking originators or bond holders ?
You are real good listener..... Not. CG was exerting his own opinion. He did not quote anyone. And cg has proved to be ignorant on anything FnF .
Wow, so it says Fairholme , motion branded on compel , dared 11-28-2016. And, that was 2 days ago. The Sammons denial was brought up but this is first mention of Fairholme. Captain Jack Sparrow good to hear from you and thanks for clarification.
Signature Jack Daniels
Were there 2 ? Gov has appeal or writ on Sweeny compel order.
Love it! Now tweet or text to pompous BOD. Maybe they will shiver in their shoes.
Yes, but a marker was allowed to strike out names and comments before camera shot available. Sweeny wants original undisturb documents for official record to support decision.
Currently a lot of uncertianity in government . I do not know if this board has familiarity with the criminal scandal cover up of the exportation of Fannie Mae and Freddie Mac profits and shareholder rights violated. It is coming to a head in the 22 court cases where the question " does the government have unlimited privilege to protect financial records / documents / memos / emails from disclosure that are by nature incriminating government unlawful actions against citizens and property rights ." Super grand theft. This may have some bearing on government concerns and decisions.
UK, sorry about intervention , however appreaciate the feedback from you and others for clarification. Big volume says others uncertianity about statement. As for the expansion. I wondered if addition capital needed and source. I wondered with expansion, again is Andy postponing 2017 profit moment ?
Ok, UK has no respond. Samlevi, are you willing to interpret the meaning of this statement "Management concealed the breach of financial covenants from investors" ?
UK any insight on this statement from prior post.....
"Management concealed the breach of financial covenants from investors" ?
It was a $2 Dividwnd prior to cship.. So, are you suggesting $.50 per year or quarter ? Navy, others and I are chartered cship membership. Gov borrowed /stole our dividends from inception of cship. Gov gave $199 billion to UN and Monetary Fund in 2009 and $150 billion to Iran. They can return $16 billio owed Dividends and damages for lost time and stress and illiness and deaths result of gov bad behavior.
Tweet D Trump opposing Hearsings Bill.
Language concerning FnF
" I'm honored to serve as chairman of the Financial Services Committee, which is focused on creating hope and opportunity for all Americans by repealing the failed Dodd-Frank Act and replacing it with a plan that provides economic growth for all and bank bailouts for none; creating a taxpayer friendly alternative to Fannie Mae and Freddie Mac; and reining in a Federal Reserve, whose vastly expanded powers go well beyond its original mission. "