Why Putting Your Money in the Bank Isn't as Safe as You Think
Capital controls are creeping in around the edges. That means you might not be able to get your money out of your bank account when you want it. This is already happening. Here's what you need to know... Full Story
https://moneymorning.com/2015/11/30/why-im-closing-my-bank-accounts-while-i-still-can/

FDIC shows 5 Banks have Failed from Jan 13th to May 5th.

19,997,396 Vol ... 0.0032 X 0.0033 ... 300,000 Bid ... 380,000 Ask

17,202,838 Vol ... 0.0031 X 0.0033 ... 321,500 Bid ... 130,000 Ask

Trading is very thin!

the FDIC opened the door, legally, with the spin-out from the BK................

Question....Cancel the BK or close the BK or ....PLEASE Explain to what you are saying. Thanks

3,189,898 Vol ... 0.0035 X 0.0036 ... 150,000 Bid ... 585,000 Ask

3,909,640 vol ... 0.003 X 0.0031 ... 958,383 Bid ... 27,310 Ask

For less than $85.00 you can take out the BID!

$60.0 million in aggregate principal amount of the Company’s 5.75% Subordinated Notes due 2025. Upon such “event of default,” the entire principal and any accrued but unpaid interest became due and payable without further action on the part of the trustee or any other person.

it is usual, when some one accuses any one, it is from first hand knowledge!

It's hard to tell, he is all ways switching gender or a combo there of. do you think he wants to be a Judge or go for the power?

Stock market is stronger today and Gold is weaker ,
UWBKQ is now in a very strong position and Fred is not going on a 4 Holiday weekend jont!


Urban Dictionary

Snow in Denver Co.

27,694,201 Vol ... 0.0026 X 0.0027 ... 4,179,604 Bid ... 825,000 Ask ... Last .0027

https://www.infowars.com/exclusive-obama-illegally-robbed-fannie-freddie-to-fund-obamacare/
Exclusive: Obama Illegally Robbed Fannie, Freddie to Fund Obamacare

https://www.nytimes.com/2017/03/10/business/trump-fannie-mae-freddie-mac.html?_r=0
https://www.nytimes.com/2017/03/10/business/trump-fannie-mae-freddie-mac.html?_r=0


Opinion
Trump Should Stop Obama Scheme That Steals Money For Obamacare
Photo of Drew Johnson
Drew Johnson
http://dailycaller.com/2017/03/23/president-trump-should-stop-obama-scheme-that-steals-money-from-fannie-mae-and-freddie-mac-for-obamacare/

Fannie And Freddie Were 'Illegally Robbed' By Obamacare, Infowars Claims In New Report

https://finance.yahoo.com/news/fannie-freddie-were-illegally-robbed-204823119.html


Exclusive: Obama Illegally Robbed Fannie, Freddie to Fund - Infowars

www.infowars.com/exclusive-obama-illegally-robbed-fannie-freddie-to-fund-obamacare

Feb 27, 2017 ... But after the Treasury was paid back, the terms of HERA anticipated Fannie Mae and Freddie Mac would pay appropriate dividends to ...
InfoWars - Obama Robbed Fannie Mae And Freddie Mac To Fund...

www.facebook.com/80256732576/videos/10155325902317577

Obama Robbed Fannie Mae And Freddie Mac To Fund Obamacare.
Fannie And Freddie Were 'Robbed' By Obamacare (OTC:FNMA ...

www.benzinga.com/general/politics/17/02/9101993/fannie-and-freddie-were-illegally-robbed-by-obamacare-infowars-claims

Feb 27, 2017 ... Shares of both Fannie Mae and Freddie Mac are down more than 32 ... Infowars suggests the administration illegally routed these funds directly ...
FOXNEWS Reporter Maria Bartiromo Talks Obamacare Stealing ...

conservativeintel.com/2017/03/15/foxnews-reporter-maria-bartiromo-talks-obamacare-stealing-money-from-fannie-and-freddie

Mar 15, 2017 ... According to documents presented by Infowars, the Obama ... which lead to the eventual bankruptcy of Fannie Mae and Freddie Mac.
Did the Obama Administration Use Fannie Mae and Freddie Mac ...

www.valuewalk.com/2017/03/obama-administration-use-fannie-mae-freddie-mac-funds-bail-aca

Mar 10, 2017 ... The Net Worth Sweep is wrong for many reasons but a recent exposé published by InfoWars raises the jaw-dropping prospect that the Obama ...
Fannie And Freddie: Unconstitutional FHFA And White House ...

seekingalpha.com/article/4052386-fannie-freddie-unconstitutional-fhfa-white-house-leaking-recap-story-already

Mar 6, 2017 ... Fannie And Freddie: Unconstitutional FHFA And White House ... of both Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC).

Trump Admin: We Intend to Stop Obamacare Looting Scheme

WASHINGTON, D.C. – Testifying under oath before the Senate on Thursday, Mel Watt, the Director of the Federal Housing Finance Agency, testified that Fannie Mae and Freddie Mac will end the so-called “Net Worth Sweep” (NWS) in the third-quarter, to retain Fannie and Freddie earnings to rebuild capital.

Fannie and Freddie have paid back nearly $266 on the $188 billion the Treasury invested in the GSEs in 2008, completely repaying the principal and are very close to repaying in full the 10 percent dividend the Obama administration had negotiated under the 2008 Senior Preferred Stock Purchase Agreements (PSPAs).

If the NWS continues, Watt testified by the end of the year Fannie and Freddie’s capital buffer will be zero, with the result neither GSE “will have the ability to weather any loss it experiences in any quarter without drawing further on taxpayer support.”

Watt made clear that under the authority given him as Fannie/Freddie conservator under the Housing and Economic Reform Act of 2008 (HERA), he plans to begin retaining Fannie and Freddie earnings this quarter, effectively ending the NWS immediately.

Watt explained his goal was to rebuild capital within Fannie and Freddie, to avoid the need to ask Congress for additional capital should future quarters cause a capital crisis.

In response to a question asked by the Committee Chair Michael Crapo (R-Idaho), Watt made clear as head of FHFA, he has the authority as GSE conservator to suspend the NWS on his own, without the approval of the Secretary of the Treasury.

Watt further specified he is willing to renegotiate the PSPA agreement to allow the GSEs to recapitalize, but he was opposed to the Treasury recapitalizing the GSEs by selling to the GSEs more preferred stock.

Watt made clear his decision as conservator to retain GSE earnings was not meant to institute a policy of “recapitalize and release” that would ensure the continued existence of Fannie and Freddie in the reform of housing finance that Congress anticipates addressing the near future.

Watt also made clear his opinion was the 30-year fixed-rate mortgage critical to first-time home purchaers would not continue to exist without a government guarantee.

Trump Admin: We Intend to Stop Obamacare Looting Scheme

WASHINGTON, D.C. – Testifying under oath before the Senate on Thursday, Mel Watt, the Director of the Federal Housing Finance Agency, testified that Fannie Mae and Freddie Mac will end the so-called “Net Worth Sweep” (NWS) in the third-quarter, to retain Fannie and Freddie earnings to rebuild capital.

Fannie and Freddie have paid back nearly $266 on the $188 billion the Treasury invested in the GSEs in 2008, completely repaying the principal and are very close to repaying in full the 10 percent dividend the Obama administration had negotiated under the 2008 Senior Preferred Stock Purchase Agreements (PSPAs).

If the NWS continues, Watt testified by the end of the year Fannie and Freddie’s capital buffer will be zero, with the result neither GSE “will have the ability to weather any loss it experiences in any quarter without drawing further on taxpayer support.”

Watt made clear that under the authority given him as Fannie/Freddie conservator under the Housing and Economic Reform Act of 2008 (HERA), he plans to begin retaining Fannie and Freddie earnings this quarter, effectively ending the NWS immediately.

Watt explained his goal was to rebuild capital within Fannie and Freddie, to avoid the need to ask Congress for additional capital should future quarters cause a capital crisis.

In response to a question asked by the Committee Chair Michael Crapo (R-Idaho), Watt made clear as head of FHFA, he has the authority as GSE conservator to suspend the NWS on his own, without the approval of the Secretary of the Treasury.

Watt further specified he is willing to renegotiate the PSPA agreement to allow the GSEs to recapitalize, but he was opposed to the Treasury recapitalizing the GSEs by selling to the GSEs more preferred stock.

Watt made clear his decision as conservator to retain GSE earnings was not meant to institute a policy of “recapitalize and release” that would ensure the continued existence of Fannie and Freddie in the reform of housing finance that Congress anticipates addressing the near future.

Watt also made clear his opinion was the 30-year fixed-rate mortgage critical to first-time home purchaers would not continue to exist without a government guarantee.

Financial Highlights:

Cash and equivalents of $23.4 million at March 31, 2017, compared to $9.2 million at September 30, 2016.
During the first six months of fiscal year 2017, Anavex used $3.9 million in cash to fund operations, after receipt of $2.1 million in research and development incentive income.
Operating expenses of approximately $3.6 million compared to approximately $2.2 million for the comparative quarter. This increase was a result of increased spending on research and development and clinical preparatory activities.
Net loss for the quarter of approximately $1.5 million, or $0.04 per share, compared to a net loss of approximately $2.0 million, or $0.06 per share for the comparative quarter.

“We are continuing 2017 with a stronger balance sheet than the previous quarter and a strengthened corporate team,” said Christopher U. Missling, PhD, President and Chief Executive Officer of Anavex. “We are on track to initiate placebo-controlled efficacy and safety trials this year in Alzheimer’s and Parkinson’s disease as well as Rett syndrome, for which ANAVEX 2-73 was granted Orphan Drug Designation (ODD) by the U.S. Food and Drug Administration (FDA).”

On Friday, May 5, 2017, Fannie Mae reported it’s first quarter financial statements and is now spitting distance from that same repayment in full. By having chosen to allow the Net Worth Sweep to be paid at the end of the First Quarter 2017, President Trump has set himself up to announce:

“The GSEs have met their full responsibility to the taxpayers, and unlike the Troubled Asset Relief Program (TARP) signed into law by President George W. Bush in October 2008, and other bailouts, where at most the U.S. Treasury earned a 6-9 percent return, the GSEs have paid the U.S. Treasury over 26% percent returns. Now that there is no longer a question of ensuring the taxpayers be repaid as that has now happened, we must require the GSEs to build capital, we must fully implement the Housing and Economic Recovery Act of 2008 (HERA) so that we can ensure these companies are safe, sound, and never again place the taxpayer at risk.”

Ending the NWS now will appeal greatly to the thousands of community banks throughout the United States and to inner city community leaders that are asking for Fannie and Freddie to rebuild the capital required to finance home buyers in those inner city and minority communities that were largely ignored by former President Obama and his pro-Too-Big-to-Fail policies – a move that would allow the Trump administration to score important political points with traditional Democratic Party voting constituencies.

we wanna blow up this uwbi disaster - - guy says no bec. the deal is done........

I say the hell with Guy, he has done nothing to help the shareholders and only line his own pockets, He won't communicate with the shareholders, he is only making his own deal.

Theft reported of $300 Million

With Treasury Secretary Mnuchin confirming the report revealing the Obama administration diverted profits from Fannie and Freddie to keep Obamacare afloat, President Trump is positioned for a big win regarding the two Government Sponsored Entities (GSEs).

https://www.infowars.com/trump-positioned-for-big-win-on-fannie-and-freddie/

Positioned for Big Win on Fannie and Freddie

https://www.infowars.com/trump-positioned-for-big-win-on-fannie-and-freddie/

Should be 50 to 1

Bank Value at $16.50 plus ITR and JPM and B of A, plus Interest to date .........................

As apposed to IHUB that is 15 to 20min behind.

6,848,923 Vol ... 0.0028 X 0.0029 ... 469,463 Bid ... 6,122,061 Ask

9,019,471 Vol ... 0.0216 X 0.0239 ... 10,000 Bid ... 48,663 Ask

4,758,055 Vol ... 0.0028 X 0.0029 ... 886,736Bid ... 3,292,930 Ask

If you read to the end.........It looks like we have two President's

Is this a new charter? it looks like the last one!

Where did all the Money Go?

https://www.infowars.com/treasury-secretary-confirms-infowars-com-reporting-on-obamacare-looting-scheme-theft/

Treasury Secretary Confirms Infowars.com Reporting on Obamacare Looting Scheme

ABOUT VAPOR GROUP!

Don't say that you have not been informed!

Vapor Group, www.vaporgroup.com, formerly named NewGen Concepts, Inc., is focused on the acquisition and development of commercially viable intellectual property and proprietary products. It continues its historic business of manufacturing and marketing vaporizers, e-cigarettes and e-liquids, and through its subsidiary, Smart Wheels, Inc., the marketing of "Whizboard" scooters and accessories.

The Company's subsidiary, Total Vapor, Inc. is the worldwide distributor of the revolutionary, hand-held automatic Easy Grinder™

https://www.fdic.gov/news/news/press/2017/pr17034.html
DROPED $2.60 Afters Hours

Press Releases
Whitney Bank, Gulfport, Mississippi, Assumes All Transactional Deposit Accounts of First NBC Bank, New Orleans, Louisiana
FDIC to Mail Checks to Holders of Time Deposit Accounts, Including IRAs and CDs
FOR IMMEDIATE RELEASE
April 28, 2017
Media contact:
In LA: Julianne Breitbeil – (202) 340-2043, jbreitbeil@fdic.gov
In DC: David Barr – (703) 622-4790, dbarr@fdic.gov

First NBC Bank, New Orleans, was closed today by the Louisiana Office of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Whitney Bank, Gulfport, Mississippi. No depositor is losing money as a result of this transaction.

61,741,999 Vol ... 0.0032 X 0.0033 ... 681,500 Bid ... 510,000 Ask

32,140,412 Vol ... 0.0032 X 0.0034 ... 6,888,423 Bid ... 1,380,000 Ask

24,125,157 Vol ... 0.0031 X 0.0032 ... 329,500 Bid ... 2,375,000 Ask

https://investorshub.advfn.com/Lehman-Bros-Cap-Trust-VI-Prefd-Series-%22N%22-LEHNQ-14907/

In exchange for that eye-popping payday, approved by the judge in charge of the case, Lehman creditors are poised to get 18 cents on the dollar by 2016, from an estate valued at $65 billion, according to a liquidation plan approved in December 2011. Miller, 80, estimated that recovery may rise to as much as 22 cents as the value of Lehman’s assets increases over the next three years to about $80 billion.

In the process, the Lehman estate has paid more than $2 billion in fees and expenses to professionals like him for that work, dwarfing the previous record of $757 million in Enron Corp.’s bankruptcy.

Former WaMu, IndyMac Workers Still Love Their Failed, Disgraced Banks
Years after the financial crisis, nostalgia grips ex-employees, who attend reunions, plan picnics, hoard memorabilia and ignore the bitter end ....WSJ

https://www.wsj.com/articles/withdrawal-pains-former-workers-still-love-their-failed-disgraced-banks-1493051056

A few days ago Charles Schwab, the investment brokerage firm, announced that the number of new brokerage accounts soared 44% during the first quarter of 2017.

More specifically, Schwab stated that individual investors are opening up stock trading accounts at the fastest pace the company has seen in 17 years.

17 years.

Anyone remember what happened 17 years ago?

Oh right. The Dot-com bubble burst.

After years of unbelievable gains in the 1990s, the NASDAQ Composite index peaked at 5,132.52 on March 10, 2000.

Simultaneously, during the first quarter of 2000, investors were rushing to open new brokerage accounts invest their savings in the stock market.

The NASDAQ Composite subsequently fell nearly 80% over the next 2 ½ years, wiping out trillions of dollars of wealth from retail investors.

The last phase of any bubble is almost invariably the euphoric shopping spree of an irrational public that buys stocks, real estate, etc. at record highs, foolishly believing that prices will keep rising indefinitely.

Cash is the best tool for surviving
a deflationary spiral. Because it’s the
only thing that increases in value as
prices decrease. Other assets – gold,
real estate, bonds, and stocks – go
down.
So what are the best ways to pro-
tect your cash? You can’t just stuff it
all in your mattress.
Here is relatively straight
forward way to protect your cash.

FDIC-Insured Bank Accounts
It shouldn’t be much of a surprise
that banks are one of the best ways to
protect your cash. But there are some
nuances you need to understand if
you want to make sure every dollar of
your cash is secure.
During the Great Depression,
there were more than 9,000 bank fail-
ures. From 1930-33, depositors lost
$1.3 billion. That’s about $24 billion
in today’s dollars.
For anyone who had to live
through it, it was the worst night
-
mare. It prompted the government to
create Federal deposit insurance.

The Banking Act of 1933 estab-
lished the Federal Deposit Insurance
Corporation (FDIC). The FDIC insures
deposits under a variety of different
account categories up to $250,000.
So when choosing a bank, make
sure it has FDIC insurance cover
-
age. FDIC-insured banks can be big
or small – credit unions, community
banks, and big global banks can all
fall under the FDIC umbrella

If you were to have $500,000 in saving, I would split it up in to ten
large banks just in case there is a collapse of the system because
the FDIC may consolidate your money into one or two Banks that did
not fail.

The White House
Office of the Press Secretary
For Immediate Release
February 03, 2017
[Suppressed Image]

Presidential Executive Order on Core Principles for Regulating the United States Financial System

CORE PRINCIPLES FOR REGULATING
THE UNITED STATES FINANCIAL SYSTEM

By the power vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:

Section 1. Policy. It shall be the policy of my Administration to regulate the United States financial system in a manner consistent with the following principles of regulation, which shall be known as the Core Principles:

(a) empower Americans to make independent financial decisions and informed choices in the marketplace, save for retirement, and build individual wealth;

(b) prevent taxpayer-funded bailouts;

(c) foster economic growth and vibrant financial markets through more rigorous regulatory impact analysis that addresses systemic risk and market failures, such as moral hazard and information asymmetry;

(d) enable American companies to be competitive with foreign firms in domestic and foreign markets;

(e) advance American interests in international financial regulatory negotiations and meetings;

(g) restore public accountability within Federal financial regulatory agencies and rationalize the Federal financial regulatory framework.

Sec. 2. Directive to the Secretary of the Treasury. The Secretary of the Treasury shall consult with the heads of the member agencies of the Financial Stability Oversight Council and shall report to the President within 120 days of the date of this order (and periodically thereafter) on the extent to which existing laws, treaties, regulations, guidance, reporting and recordkeeping requirements, and other Government policies promote the Core Principles and what actions have been taken, and are currently being taken, to promote and support the Core Principles. That report, and all subsequent reports, shall identify any laws, treaties, regulations, guidance, reporting and recordkeeping requirements, and other Government policies that inhibit Federal regulation of the United States financial system in a manner consistent with the Core Principles.

Sec. 3. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:

(i) the authority granted by law to an executive department or agency, or the head thereof; or

(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

DONALD J. TRUMP

THE WHITE HOUSE,
February 3, 2017.

https://theinternationalreporter.org/2017/02/04/latest-trump-executive-order-smacks-the-global-moneymasters-in-the-mouth-no-more-taxpayer-funded-bailouts/




Quote:Discussion in Huffington Post 3/30/2017. Trump favors n0 more bailouts tbtf and GOP split. Nothing there !

So if they come up with a $900MM tax loss X 30% payable by FC = $270MM [-] $38mm = $232mm Div 29.4mm shares = $7.89 per share plus the Add backs like the ITR and others.

That would put us about half way to $16.50






.

Seven U.S. states currently don't have an income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. And residents of New Hampshire and Tennessee are also spared from handing over an extra chunk of their paycheck on April 15, though they do pay tax on dividends and income from investments.

A handful of other states have considered joining the no-income-tax bandwagon recently.

Read more: http://www.bankrate.com/finance/taxes/state-with-no-income-tax-better-or-worse-1.aspx#ixzz4dNvydCEK
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