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Preaching to the choir.
This is sickening. Looking forward to be pleasantly surprised by this case or as a result of this case.
Such big hype around this case. It just is becoming a little bit confusing to know what is still available for real justice.
Maybe I'm overthinking. Maybe this case brings a little from a ruling, but offers up something to be used in other litigation that is better for us.
Treasury has our money. Fhfa helped them steal it. They need to be held accountable. Gov made a deal with itself to give itself money from our pockets. Government is also overseeing the cases that concern the govt giving money to the govt.
It's all the govt. It's all a lie. Checks and balances my foot.
JMO
If money only comes from FnF retained earnings and FHFA, who gave to themselves when giving FnF's $$ away to Treasury, isn't liable, then what the hell are we doing in Lamberth?
With such restrictions on damages and making us pay ourselves, possibly a tiny amount if at all, what will that do to end c-ship? How does it help get our stolen value back?
How does it help zero Lp of seniors? How does it help recap?
Share price will go up, which will mean money for us, when our balance sheets are green from written down Lp and full recap in sight. But how does Lamberth get us there?
Will we get true relief and justice, not from Lamberth, but as a result of what takes place in Lamberth court? From what evidence and testimony reveals to help us down the road in other litigation?
Let's say a couple of non win scenarios:
A win but no money awarded.
Or a win and tiny amount awarded to jp. Like 50 cents a share.
???????
That's crap. Forget the fact that I am 100% common. That's crap for jp as well. How could anyone be happy with that type of victory if that is all that comes from a win?
If this case with it's evidence and a win doesn't result in something meaningful, whether from Lamberth or as a result of Lamberth, then what was the point in unsealed documents? Hell, why seal them in the first place when they resulted in nothing? Something I am missing?
Please enlighten me. I'm looking for an answer from a shareholder perspective of FnF and not concerned about a bias toward jp or common. So please don't waste time on my common ownership.
I still believe I will win in the end. Just don't know exactly when and how.
Thanks for responses.
JMO
Yes, and because they have not spoken about us. Why would we move up? We wouldn't. Market knows nothing. We'll see pps move up or down when something does happen.
Jmo
Thanks Guido
It went that high because he was Treasury and spoke favorably about it. As did Trump and Calabria. Speaking about ending c-ship. That's why it moved.
Yellen said nothing.
Sandra said nothing.
Brandon said nothing.
Courts said nothing.
Alongside a bearish economy.
So stock doesn't move up like back in 2016/ 2017.
Nothing is spoken on. No of the key figures cared. What similar catalyst do we have now that we had back then that would run this stock? It wasn't insiders. It was important talk from important people that helped hype this and people caught on and poured in at cheap prices. So it flew up.
No leaking details and no magic.
JMO, but that seems to be the case. No need to worry why others aren't buying. That's how we can make the most on the investment. Believing when no one else does.
Even gb will tell you the same for his investment. It's in his favor for people to be ignorant on this trade. More shares are picked up at cheap prices.
How could anyone have bought that covid dip in March 2020 if people didn't get scared? There would have been no dip to buy.
JMO
Oh yeah a few billion from a few hundred billion Lp!
Every little bit helps, I guess.
L F G!
Thanks
I hear you. But how horrible to have a restricted amount granted, if at all, it doesn't even get distributed to both jp and common, and it comes from our own retained earnings?
What a con this justice system is, if! Jury grants $0 - $2B and only certain shareholders receive anything? Then it comes from our own balance sheets? AND the govt still appeals the ruling?
If that happens, and even worse, all this evidence goes unused in this case or any other?
CORRUPTION! The lot of 'em.
All those extra funds being applied toward Sp paydown and recap, not only takes no money from the companies' pockets, but increases the pps which in turn puts money in your pockets. These companies are owned by us. My view anyway.
We'll see what happens, but the scenario I described above is crap.
JMO
Any evidence and testimony entered in Lamberth court can be used in other litigation that could actually hold Treasury / government responsible. Which result in money returned to FnF balance sheets and / or write down of sp.
My belief. My opinion.
I don't remember the companies publicly conceding they couldn't repay the loan. Some gov bs.
Thanks for post. At least some news about it. That's something.
Just because govt / courts are corrupt doesn't mean a crime wasn't committed, but I see your point.
I hear you on settlement,
BUT!
IT WOULD BE PRETTY SWEEEEEEEEEET!
Thanks
JMO
Keep here and I keep adding. 49 cents pps FMCC. ALL DAY LONG!
That's why it will be a great reward because others lack confidence and don't take the risk. That's the game. The safer the investment, the smaller the reward.
JMO
So, just govt gets away with the crime even with proof of the crime?
If I thought that I wouldn't own anything.
But you did answer the question. Thanks for that.
A settlement over the weekend does sound pretty good. As long as it is a better arrangement the NWS.
Thanks.
Yeah, if she really meant to say IPO. Then your thought on how to avoid the issue of counterfeit shares makes sense.
We'll see what happens.
Thanks for response
Possibly sandy t is a buffoon and doesn't know the distinction.
???????
Or a slip?
Also. I hold in 2 accounts when notices were sent.
Etrade and tdameritrade. I got one notice by mail and it didn't say which brokerage it was concerning. Maybe for one it was paper notice and the other was electronic by my broker.
Navy had mentioned about an electronic message concerning the notice being within brokers message center / inbox. Also a thought.
It's not like a person cannot prove they own shares and when the shares were purchased. Best not to worry too much. But I understand the concern and where it comes from.
ADDED @ 0.49 CENTS FMCC! THANKS MR. MARKET.
If there isn't any extra money, why are we in court?
Why did any judge accept a case?
Yes there is extra money. It is not an assumption.
Just need, sadly, something done about it.
And....you didn't answer the question.
If you don't mind. Humor me.
Fmcc August 16, 2012. Close 0.30 cents /
August 17, 2012. Close 0.23 cents
Fnma was 30 cents close then next day 24 cents
I believe Fnmas had a $1.30 drop.
That's not the loss in value, IMO.
The true loss is the lack of principal paydown. With a resulting positive balance sheet. Which would bode very well for share price and our future.
This OTC pps is bogus and not a true indicator of these companies value. The govt wouldn't want to steal or control such worthless companies. They took all true value.
These pps currently is merely based on hope of eventual justice.
JMO
I share this thought. Our damages would be in the form of principal paydown. And less likely in the form of dividends. And excess in recapping FnF. Plus Fhfa would still have us undercapitalized even with $27+B returned because of such a high cap requirement, but it would be a lot closer to freedom.
JMO
What becomes of all the extra money?
Everything paid over the 10% interest goes where?
1. Sp paid.
2. Recap
3. Shareholder dividends
4. Combination of 1 and 2
5. Nothing. Government keeps all stolen money.
6. Nothing. BUT.... We use evidence against govt in another lawsuit. ( appeal, overturn a ruling, pending / future litigation)
Thoughts
How's everyone doing today? Well, I hope.
Thank you for your response.
Was wondering also of possibility of evidence in Lamberth being used to overturn or appeal other rulings. Maybe future litigation.
I hope so. I don't know these lawyers' endgame.
Thanks again.
Appreciated
What if:
Sp deemed paid. And overage amount of $27+B(est) is used as payment for warrants. So no money changes hands.
Lp gone because got was paid principal plus 10%.
Warrants gone because purchased with $27+B overpayment.
Then at end of this year FnF $100B (est) retained.
This time it will actually be in the green.
???????
Thoughts appreciated
Thanks
Now we're talking!
L F G
I guess it's like expecting a criminal to commit a crime and not own up to it.
But we are supposed to at least rely on cops to arrest them and DA to prosecute the crime.
BUT if they don't!?
Yes, scary times.
Wait. That does happen. Holy crap.
Well, even the sun shines on a dog's azz someday.
Here's to the sun shining on us.
JMO
If $$ should have gone somewhere and not swept then aren't there only three options?
1. Sp deemed paid and return $27+B toward recap / retained
2. Return $125+B toward recap/retained, reduce inflated lp number back down to $189B ( so Sp debt still remains)
3. Return $125+B to shareholder as dividends so we can party like rockstars
1 or a combination of those three?
If not swept, what other option besides the three above would a shareholder reasonably expect?
I expected paydown first while recapping simultaneously.
So maybe 80% over 10% interest was sent to paydown and 20% of the overage toward recap. Then when finished, dividends.
Thoughts
JMO
Corvair / Nader reference. Nice one.
Also warrants have not been used. So they should not be apart of calculation.
Pennies per share back in 2012 because price was crushed. Not the true value. So value should not be calculated based on that.
They could naked short this into oblivion. Let's say 5 cents per share. Then they could offer the buyout. That makes sense?
Please let's hope people have a clue that this is not how things work.
I looked up fnma. It was 6 cent drop from close the day before nws to the next close. I believe 30 cents to 24 cents. Also, fnmas was a drop of $1.30. $2.35 to $1.05.
So 6 cents Fnma / $1.30 Fnmas?
I know fnma isn't part of Lamberth. Used as example.
What a joke if that is considered.
Shouldn't or couldn't evidence from this case be used to help overturn rulings? Appeals? Based on death spiral lie. That lie covering up the theft is an overreach and not allowed by HERA.
Stealing isn't allowed. Exceeds power. The death spiral didn't exceed power so scotus allowed it. Death spiral was a lie. Had they known the truth, I believe it would have changed things.
Thoughts appreciated.
JMO
Pagman knows nothing. I cannot be silenced.
100% commons.
No matter what happens in Lamberth court, won't all that evidence become official after all these years?
And then could be used in other cases?
For appeals for past decisions based on lies?
And future or pending litigation?
Thanks for any thoughts
Market knows nothing. Otc exchange is a sham.
Respectfully.
If fhfa argument is FnF would have needed to pay Lp before any distributions, then doesn't it mean excess money $100+B (est) would have gone toward paydown? In which case the Sp is deemed paid and companies are owed $27+B(est).
Or $100+B(est) is used for our recap? And $100+B needs to be returned.
?????
So FHFA making argument that no dividends would have been paid unless Lp was paid or full recap means all that money would have have done 1 of 2 things.
1. FnF full Recap overnight, but $190B Sp remains because excess of 10% interest was used for recap but not pay down.
Or
2. Sp deemed paid, written to zero, and $27B or so returned to FnF towards recap.
I prefer 2nd option, but don't really know what is being sought and available based on all these different filings.
Also, aren't there only three options absent the 3rd amendment?
1. Give shareholders dividends.
2. Pay down Lp
3. Recap FnF
1 or a combination of those 3?
Thoughts or insight from anyone appreciated.
Thanks.
JMO
Wow pagman flexing on Twitter. Whenever d-bags like that can find a way to be condescending or belittling, they almost certainly will. From behind a keyboard, of course.
Even when there isn't something to snicker at. They'll see it.
And talk bs.
Good for him. We're all so proud and expect nothing less.
Like Gasbag. One in the same. Know-it-alls.
100% commons
It's gonna be a dog fight. Like the man said. End of story.
Bring it on!
We're ready!
Thanks for the post
Sign of a crook or a two year old.
Deny, deny, deny.
Even when caught red handed. Keep denying and hope it goes away.
Understood and respect your opinion.
And respectfully, I don't need anyone to agree with my estimates. As they are not based on others' speculation, but my own.
Thanks for your post
7 days until trial. 25 days or less to verdict.
100% COMMONS! LETS F GO!
Thinking a win doesn't positively effect commons along side preferred is gross ignorance to the facts.
Or the truth is known, but the narrative must be maintained at all times. It sounds very similar to the govt narrative. Weird, huh?
Remain calm. It's okay when others do well in life. Be happy for them. As you'd like the same from them.
10x to $5's
20x to $10's
40x to $20's
200x to $100
400x to $200
It's okay. I won't gloat. I promise. I won't say I told you so. I promise. I can't say others will be so kind. But people reap what they sow.
But....
JMO
Happy Sunday
Countdown continues
Okay but what about sp/lp remaining in place and bs warrants?
Wouldn't it be better for sp/lp deemed paid.and $27+B returned? Or maybe, they keep $27+B for warrants? That way no money changed hands.
So no threat of warrant dilution or sp dilution ever to be heard of again. Here or on Twitter.
I don't believe we should have to pay for the warrants. I believe everything over $187B should be returned and warrants tossed because this whole thing is a sham.
I'm just speaking on what might be best outcome from this case or as a result of this case to be used in a future or ongoing lawsuit.
Thoughts appreciated.
JMO
https://twitter.com/GandQ2022/status/1578408793272107011
Some still don't get it.
Nah. I'm good. Depending on your outlook, a person might see luck as their only hope. From what I can see, I don't need any.
But I understand why others would see it that way.
Let's go!