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Looks like we're screwed.
I am not saying it. The guy in court thinks that. See his Twitter link in my post
[Editorial: Watch the objections, DeMarco and Ugoletti are not on trial but their credibility is, so maybe Lamberth is leaning on the scales here OR maybe Ps made a deal not to impune govt officials in exchange for something. Probably not a good deal, but maybe best option here.]
[Editorial: Watch the objections, DeMarco and Ugoletti are not on trial but their credibility is, so maybe Lamberth is leaning on the scales here OR maybe Ps made a deal not to impune govt officials in exchange for something. Probably not a good deal, but maybe best option here.]
— FnFan (@FnFGateFan) October 25, 2022
Last week Hamish humes told Lamberth they were harmed because defendants did not allow one of there witness to see demarco/ugletti testimony. Defendants then apologized for misunderstanding and allowed witness the. Next day.
I am going to take a guess that witness is Prof. Bala, defendants are using all the dirty tricks and probably already have a deal with plaintiff to protect Demarco/ugletti .
POS defendants, big FU to Demarco/ugletti/parrot and all involved.
"The court docket shows shareholders filed two fresh motions and a variety of under seal shortly after 1:00 a.m. this morning. "
So 10/31 or 11/1 is the date when Lamberth rules?
yes like they settled 3 weeks ago as you said.
I hope so. We will find out soon.
Looks like we are toast
"Right before lunch, DeMarco told the court he saw the net worth sweep as a reasonable periodic committment fee, a fee meant to compensate Treasury for its bailout support. Treasury had waived the fee in 2010, 2011 and 2012, but planned to reinstate it in 2013."
$1-2 is also not certain, given how strongly defendants are presenting there case.
If any, there is guarantee for JPS either
right know the worry is are JPS going to get anything?
Mario is tomorrow not sure about DeMarco
i dont think so
Plaintiff asked for ONLY $1.6B in damages, Defendants say they should get 0.
DeMarco is tommorow.
Follow Katie to get daily updates.
https://twitter.com/bykatiebuehler/with_replies
No Gaby was sort of analyst Katie is a reporter.
I guess 0 Damages. Lamberth: “I guess they did - we’re still here.”
Notably, as the witness read the FAQs about the conservatorship, the judge added his own comments & questions:
— Katie Buehler (@bykatiebuehler) October 19, 2022
Judge: They established the conservatorship “with the purpose of saving us all?”
Wit: “That’s my understanding.”
Judge: “I guess they did - we’re still here.”
Bradford is soon going extend timeline by 2 years when Trump declares he is running for president.
lol.. knows all and still lose all his money. Cant even see his public google sheet now.
you are supposed to pay back to Treasury for your gain that day and don't forget to include 6% simple interest
1. They all agreed to remove sandra
2. Only asked for 1.6B
Could it be possible they had back channel communication that they will get par after the decision and Fhfa would work on this after decision is done.
So settlement that doesn't look like a settlement but just does that.
Plaintiffs get a token victory that they were wronged and defendants don't pay enormous damages but just the assurance that some sort of administrative action will be taken.
Based on your formula I calculated fmcci fmccg to be little less than $3. These are 50 par jps
So 6% applies regardless if it's fixed dividend JPS or variable JPS? Is that correct?
Do you have the damages broken out by symbol? e.g What do think it would be for shitty $50 par like FMCCG, FMCCI?
"For those wondering, it would mean 11c of total damages for FMCC, and $1.5 to $3 of damages for the $25 face value jr pfds, with FMCKJ receiving the most at ~$2.9/shr."
Lady Sandra is now trying to figure out how many zeros are there in a Billion
Trump wrote the letter.
Everyone so optimistic price still in the toilet.
Did you buy Common or JPS?
lol...
yes agreed - FHFA is going to say they dont determine the market value not sure why they are not trading at PAR. lol
One chief architect of NWS that no one is talking about is James parrot. Conveniently he is not needed for evaluating damages.
Not saying he should be called in, all I am saying is main/big guys always get away while small fish like ugletti get caught.
Market does not seems to think government is losing billions
So after fixing you to understand there will be no settlement, here is another one for you.. nothing is going to happen to ugletti or Demarco, just focus on getting atleast PAR
Sooo.. no settlement now?
Hey HVP => "No SETTLEMENT" - posted today. Stop Lying and Misleading others
One where Govt. wants Demarco to be called only once - does not look like settlement.
Second Treasury explicitly saying "No SETTLEMENT"
STOP LYING!!!
$FNMA #FANNIEGATE The government delivered a re https://t.co/EkpqtqJlqx
— Fanniegate Hero (@DoNotLose) October 7, 2022
$FNMA #FANNIEGATE FHFA, Fannie and Freddie file https://t.co/2dmaDI6kqU
— Fanniegate Hero (@DoNotLose) October 7, 2022
Lol - the day Bradford wrote a long article saying ROP are fannigate crowd favorites, rop judges took a dump on us.
Ugoletti thought of it as a good faith lie.
Prllo defendants lawyers should buy some gse stock too then we can all be on the same page, lol