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CONGRESSIONAL FINDING: THE UST IS COMPRISED FOR PIRATES.
Arr!
CONGRESSIONAL FINDING: UST IS COMPRISED FOR PIRATES
— Conservatives against Trump (@CarlosVignote) September 20, 2022
Not only it hasn't PURCHASED a single security to evade the 2009 deadline in the TEMPORARY Authority of UST to Purchase Securities, but also that it was required EMERGENCY DECLARATION +3 prerequisites.#Fanniegate @TheJusticeDept pic.twitter.com/MkqMKP5rMB
The secret plan is based on the law.
Thus, no law has been broken. Are you OK?
Laughing at the Secret Plan, is laughing at the Rule of Law, @babycmdr.
What are you, five?
How many times will you say "McFarland" this week and post emails between WH advisors, instead of an excerpt taken from the Law? Like the section explaining that capital distributions (like dividends) are RESTRICTED, with its exceptions.
secret plan ? we believe in fairy tales?
"A bug", says @imbellish. We ain't stupid!
@navycmdr posted the link to the plaintiffs' pre-trial statements, in an attempt to arrange a virtual pre-trial Conference, knowing that judge Lamberth is reluctant to schedule it on the court calendar.
Notice that judges encourage settling cases through these pre-trial conferences, and the attorney for Berkowitz, D.Thompson, is obsessed with these "negotiating tables" (e.g. Mediation in the Rop case, cancelled at the 11th hour), aiming to dodge the law in force and share the booty with the US Treasury.
FALSE. You have posted a link to their pre-trial statements filed on August 19.
What they filed yesterday were 20 exhibits, as we can see in this screenshot.
They were filed almost at midnight, so we will include nocturnity as an aggravating circumstance in their crime of Making False Statements.
Likely, they were waiting to see the scheduling of the pre-trial conference, which continues to be missing on the court calendar, and, when they saw nothing from Lamberth, they filed this brief to continue the farce of court news seeking a negotiation that shares the booty with the US Treasury.
Everybody knows what you are doing here.
THE CONSERVATOR DIRECTED FnF TO BUILD INFINITE CAPITAL.
Specially harsh with the JPS holders, as the dividend payments are essential for the stock valuation in a fixed-income security. Now, turned into discount notes.
According to the Law, the purpose of the 10%/NWS dividends was the repayment of the SPS and recapitalization, otherwise these capital distributions wouldn't have existed (both, exceptions to the Restriction on Capital Distributions)
Now, there is a NWS 2.0 with the Retained Earnings held in escrow when the SPS are increased for free (concealed with securities law violations)
It's estimated $392.2B Retained Earnings held in escrow (add the CRT expenses and other refunds requested)
With this so called "secret plan" that everybody knows about, FnF met the threshold to resume dividend payments in the 2Q2021 and 3Q2021, in Fannie Mae and Freddie Mac, respectively.
With the May 16, 2022 amendment to the February 16, 2021 Capital Rule, the buffer is unknown because fnma said that it needs two quarters to assess it.
But the secret plan goes on and on, now building capital presumably even beyond the total buffers, when the JPS's role of recapitalization should stop on the Adequately Capitalized threshold.
The conservator is authorized to do it in its Incidental Power: take any action authorized by this section, in the best interests of FnF and FHFA.
The soundness of FnF is more than pristine. Divine.
More detail here.
***BOOM*** 6 SECURITIES LAW VIOLATIONS DURING CONSERVATORSHIP.
Most of them were included in several SEC complaints.
This is why the compensation for moral and punitive damages sought, also serves as a settlement of these securities law violations.
The corrupt litigants aim at settling these same allegations directly with FnF, confidentially, in the judge Lamberth's court.
It's why FnF are parties, besides FHFA, when they don't have powers to represent themselves in court. They are waiting for the release from conservatorship, as seen in the Sheila Bair's dramatic appeal for the release, in an interview a few weeks ago. She is sweating because each securities law violation carries a prison sentence of 5 years.
SECURITIES LAW VIOLATIONS
— Conservatives against Trump (@CarlosVignote) September 16, 2022
-SPS increased🆚issued.GOAL:dodge 2009 deadline on purchase
-SPS missing on the Bce Sheet.GOAL:build C.slogan
-Income Stmnt charge,equal to SPS increase.GOAL:$0 EPS
-Stock price manipulation
-CRT scam
-Warrant credited to APIC.#Fanniegate @TheJusticeDept pic.twitter.com/VVCgD6euY9
The court charts cover up the 10-K 10-Q SEC filings, that show Financial Statement Fraud every quarter since the end of 2017.
If someone wants to know the numbers of a company, it goes to the Balance Sheet (picture of the company at a determined date) and the Income Statements (result of operations during the year or quarter), not to a crappy law firm with its charts.
Besides, the numbers submitted in court are wrong, because it should have been included the $7B SPS scheduled to be increased on September 30, corresponding to the Net Worth increase in the 2Q2022, as "stocks committed to be released" are recorded/debited instantly.
Financial Statement Fraud.
The last court chart states that the SPS LP stands at $277.7B as of end of June 2022, when it's $284.7B adding up the $7B mentioned before. But the thing is that in their Balance Sheets, FnF post $193.5B, because the $91.2B SPS increased for free since 2017, are missing.
Why?
Because if posted, they are debited from the Retained Earnings account, reducing the Core Capital, and the conspirators cannot continue with the slogan "FnF retain earnings and build capital".
Seems like the court cases are a farce. The only resolution is the one that upholds the Law and it's expected an administrative action.
The corrupt plaintiffs uphold the Rule of Plunder.
"Implied contract", when we don't have a contract. Let alone that "implied" means fiction.
Yeah, yeah. But it's not on the calendar.
Facts matter.
CAR DRIVING GRADUATES WILL UNDERSTAND EVERYTHING.
Driver license and not a convicted felon, are the only prerequisites to become juror and make the final decision about the resolution of the conservatorships.
This is the corrupt attorneys' recourse to double down on their plot to cover up the laws and technical matters in finance.
THIS IS SO EMBARRASSING FOR THE JUDICIARY.
It's time to allow the shareholders to shake these crappy lawyers off, stuck in the Fanniegate scandal like parasites.
I'm looking forward to seeing them in prison. The cover-up of a material fact is a crime of Making False Statements.
By calling the NWS dividend "lawful" or "contractual", it compels everybody to see how this is possible:
-A NWS dividend, yeah right!
-In undercapitalized enterprises?
-Unjust Enrichment case?
-Leaving the other Equity holders with $0 economic interest?
-And the special borrowing right from UST?
-How about the PROHIBITION of United States to assess or collect a fee or charge using the securities or Assets of FnF..... in the Charter, other than the special borrowing right from UST?
-Etc.
Thus, come up with a plot twist thanks to the conservator's License to Lie in the law (Incidental Power: take ANY action AUTHORIZED BY THIS SECTION, in the best interests of FnF and the FHFA)
The best interests of the agency FHFA, owned by the Communists of Wall Street (Oligarchs in the USSR), is lying, while fulfilling its Recap mandate: put FnF in a sound and solvent condition.
E.g. The SCOTUS and judge Sweeney omitted "authorized by this section", so that we read: take any action, in the best interests of FHFA, and also, FHFA and Wall Street repeat the slogan: "broad authority of FHFA".
The plot twist is called the Secret Plan: to consider the dividend payments (10%/NWS dividends) as a capital distribution applied toward the reduction of the SPS and recapitalization, which are the exceptions to the Restriction on Capital Distributions in the law. Otherwise restricted.
BOOM. OUR NEGOTIATOR HINTS THAT RICO STATUTE CHARGES ARE A REAL POSSIBILITY.
The madness of everybody wanting a dividend payment has to stop now.
The dividends are suspended so that the earnings are RETAINED by FnF (Core Capital that covers unexpected losses)
As mandated by Law and finance.
PLOTTERS STUNNED BY NWS DIV "CONTRACTUAL"
— Conservatives against Trump (@CarlosVignote) September 14, 2022
PA not a contract, but all day w/ 10% "contractual" div, NWS div too!
-HERA allowed high yield div (special borrowing prevails)
-3rd amnd enabled by July 20, 2011 CFR1237.12 (210-day Acting Dtr time limit)
-If applied toward...#Fanniegate https://t.co/mjHEJUC2tZ pic.twitter.com/VI3toVd8DW
President Biden slapped Hindes in the face last week, when he posted the same article and the President tweeted immediately after:
Wall Street didn’t build this country. Working people did.
That case versus PwC was a lie. There has never been a settlement with FnF primarily because they don't have powers in Conservatorship to settle anything. Secondly, because there has never been accounting fraud other than the 6 securities law violations that I have mostly filed with the SEC. In early Conservatorship, it was only the Warrant value credited to Additional Paid-In Capital acct. Nothing else. The rest is recently with the SPS increased for free. Also stock price manipulation with the Govt theft story and the FHFA - UST gang's Secret Plan.
I asked you a specific question: where in the law is written that the dividends are suspended and you just posted what Freddie Mac said about what it heard from the conservator.
So, you don't even bother to go to the source, FHFA, and post the piece of paper with that mandate, which I'm sure that the FHFA would say that it's based on the law in force.
Don't worry! I will do it for you! There is a key regulation of the FHFA with the Final Rule "Conservatorships and Receiverships", effective July 20, 2011, that had the only purpose to clarify and be more transparent about the conservatorship. It simply copy/pasted what is written in the law and condified it in the Code of Federal Regulations. Crazy, right? In truth, it did it to sneak at the end the CFR1237.12 that added up another exception to the Restriction on Capital Distributions: if applied toward their recapitalization (in an escrow account obviously)
I quote these excerpts taken from the background section in this Final Rule, where the FHFA talks extensively about the dividend payments while in conservatorship:
Payment of dividends to shareholders during conservatorship.
Some commenters suggested that the rule should address the payment of dividends to shareholders during conservatorship. While FHFA as conservator may restrict dividends for safety and soundness reasons under the Safety and Soundness Act and the Bank Act, a regulated entity may generally pay dividends to shareholders only when it is adequately capitalized. It is unlikely that a regulated entity in conservatorship would be permitted to pay dividends while it is unable to meet its capital requirements.
the fact that the Safety and Soundness Act and HERA grant FHFA broad authority as Conservator to manage the conservatorship estate, including the authority to restrict capital distributions that would cause a regulated entity to become undercapitalized. As one of the primary objectives of conservatorship of a regulated entity would be restoring that regulated entity to a sound and solvent condition, allowing capital distributions to deplete the entity's conservatorship assets would be inconsistent with the agency's statutory goals, as they would result in removing capital at a time when the Conservator is charged with rehabilitating the regulated entity. Under the Safety and Soundness Act and HERA, FHFA has a statutory charge to work to restore a regulated entity in conservatorship to a sound and solvent condition, and to take any action authorized by this section, which FHFA determines to be in the best interests of the regulated entity or FHFA. This express statutory grant of authority grants FHFA as Conservator authority to address capital distribution and other claims against the conservatorship estate in the manner that it deems appropriate.
§?1229.13
Definitions.
For purposes of this subpart:
Capital distribution means—
(1) Any dividend or other distribution in cash or in kind made with respect to any shares of, or other ownership interest in, an Enterprise,
The dividends are restricted for all the Equity holders by Law.
The conservator cannot choose who receives dividends and who doesn't.
The law that you cover up is very clear: Restriction on Capital Distributions and its exceptions.
The FHEFSSA clarifies what is a capital distribution in the subsection Definition:
Any dividend.
***BOOM***OUR NEGOTIATOR DECLARES THE NWS "CONTRACTUAL" DIVIDEND, LEGAL, TOO.
3rd amendment enabled in the July 20, 2011 CFR1237.12, that coincided exactly with the 210-day time limit for Acting Directors (the Rop plaintiffs are wrong)
Just like the 10% dividend loved by the corrupt plaintiffs. What they don't know is that it's legal only if it's applied toward the reduction of the SPS and then, toward their Recapitalization in an escrow account at the Treasury Department, which are the exceptions to the Restriction on Capital Distributions in the law.
Otherwise, the dividends are restricted and the FHFA and UST would be tried using the RICO statute, a law enacted by Congress to prosecute the Mafia.
The secret plan is the only legal option.
Their Retained Earnings are being held in escrow.
This is why the SPS dividends are cumulative, which means that they are payable once the dividend is resumed upon Adequately Capitalized. Other theme is that the cumulative dividend has been set at 0% due to the collateral Warrant to (iii) protect the taxpayer.
CAR DRIVING GRADUATES TO SEE OVERPAYMENT SHOWN IN QUARTERLY SEC FILINGS: CASH +SPS FOR FREE
— Conservatives against Trump (@CarlosVignote) September 12, 2022
Do they know a div restricted by Law?
Capital distributions allowed to reduce the SPS? Repaid in 2013/2014,resp?
July 2011 CFR1237.12🆕exception for Recap?
Special borrowing...?#Fanniegate https://t.co/O47ncWbdQF pic.twitter.com/5lF0uE8vnK
Dividends are NOT ALLOWED during Conservatorship
Are you always drunk? I post a link to our negotiator's tweets.
EXPLANATION OF THE ONLY 2 OPTIONS IN A FANNIEGATE RESOLUTION.
1- Taking of our stocks at their fair value. It's been established the Book Value per share as the best method that complies with the principle in the Charter: PROHIBITION on the United States to make profits with the securities or assets of FnF, other than the original UST backup.
The common shareholders' book value includes the Retained Earnings.
The UST would make a profit (besides acquiring FnF for free, because it would be using our money to buy us out), but with the items over which we don't have a legal claim, like the Deferred Income and the underpayment for FNMA using the Relative Valuation method with FMCC.
2- Charter revoked. The shareholders waive a claim on the fees collected by the UST and the expenses in Federal programs (special assistance activities. FnF have their own programs), because these breaches of the Charter are used as the excuse to revoke the Charter. Win-win scenario.
2 OPTIONS
— Conservatives against Trump (@CarlosVignote) September 10, 2022
1-Taking @ Book Value/share. BV coincides w/ the Retained Earnings escrowed,both the UST net refund and offset upon SPS increased for free.
FMCC=$176
FNMA=$102
PER 1.3x
Outcome:NW=$0 June2022
2-Charter revoked
No fee+Federal pgrm refund.
$129B UST net refund.#Fanniegate https://t.co/UQXobXOmKZ pic.twitter.com/HSLjpzJuoh
I'm sure that the jurors, who only have to comply with the requirements of having driver license and not a convicted felon, will understand the chart.
The corrupt outlaw attorneys are doubling down on the cover-up of the laws in force.
Crime: Making False Statements. Up to 10 years in prison.
Our negotiator requested that the full Taking price be deemed personal injury settlement, due to the trauma that you allude to, so that it's exempted from paying taxes.
The fact that the stocks trade at cents of a dollar makes the case of full amount be deemed personal injury.
You are always a step behind our negotiator.
Forget the Rop case. Our negotiator slammed the Rop plaintiffs.
Don't you read my comments?
And the Title (ownership of the property) was never transferred to the Conservator.
you EARNED right to receive the Title Back !
He isn't talking about that. It wasn't a loan. It wasn't interests.
Hello?
Happy, EMOJI, HAPPY, EMOJI, WEEEE!, EMOJI
The UST held obligations with respect to Capital Stock (SPS), a different debenture recorded in Equity that pays cumulative dividends (not interests), but restricted when FnF are undercapitalized, from congressionally-chartered private corporations that have a special borrowing right from UST. Section: Authority of Treasury to Purchase Obligations. Terms and Conditions.
Notice the difference?
THE AVERAGE JOE IS HIRED BY THE HEDGE FUNDS TO FOOL YOU.
BOOM. OUR NEGOTIATOR SLAMS THE ROP PLAINTIFFS.
The Rop case challenges the third amendment to the SPSPA, with the 210-day time limitation for Acting Directors.
The Collins case seeks damages for the unconstitutionality of the removal for cause restriction in the FHFA Director.
The Trump's letter was submitted in the Collins case, although it was also explained in the Rop case, as both have the same attorney, the omnipresent attorney for Berkowitz, David Thompson.
ROP CASE🆚3RD AMNT
— Conservatives against Trump (@CarlosVignote) September 7, 2022
Legal. Enabled by, 1st, exception B (reduce SPS).Then, CFR1237.12 "for Recap",effective July 20,2011 =210-day Acting Dtr time limit.
Plaintiffs/attys face prison term.#Trump accused of fabricating evidence,used by the Berko's atty in Rop & Collins👇#Fanniegate https://t.co/2jjYsXISbR pic.twitter.com/WFfyoO4cXA
You aren't doing any favor to Trump, posting his letter.
He faces charges of fabricating evidence, because the Justice said "had the president made a statement", not that now Trump, as civilian, has to make a statement.
It was submitted in court by the corrupt attorney for Berkowitz, Thompson, to claim damages, which, in turn, are based on the securities fraud violations of FnF. Because he claims a damage caused by a FHFA unconstitutional, as it prevented Trump from firing Watt sooner and approve the SPSPA amendment Calabria-UST, that he mistakenly asserts is allowing FnF to recapitalize, when that's a big lie. The Retained Earnings are wiped out when the SPS increased for free are debited from the Retained Earnings account. Currently FnF aren't posting this offset, because they aren't recording these SPSs since 2018.
So, there aren't damages and Trump is participating in this scam in the U.S. courts.
We are dealing with the Communist Mafia, under the orders of Russia and China.
The evidence is set forth in the law. Beware of Ron who works for the Mafia posting happy, EMOJI, happy, EMOJI, weeee!, EMOJI, posts all day, to promote the Govt theft story and in an attempt to substitute the law.
The government owes $180 billion to FnF.
The hedge fund manager Gary Hindes, better known as "call me friend of Biden", is full of it.
He repeats the same articles over and over again, advocating for the 10% dividend and the Warrant, release with consent decree and begin to build capital from scratch with stock offerings for his buddies John Paulson, Blackstone, etc. With today's $398 billion of Capital shortfall, they not only want an IPO but also they are more interested in the follow-on stock offerings, that secures a return each year.
The Moelis Plan.
Another shareholder advocate like Pagliara, Howard, Bradford, Rosner, etc. Outright scammers that want to rip off the shareholders.
Those that have used the courts, face the crime of Making False Statements for the cover-up of the law.
The shareholders are protected by the law that they conceal.
OUR NEGOTIATOR OUTLINES THE CASE FOR REVOKING THE CHARTER.
Last week, it was laid out the case for a Taking of our stocks at their fair value, while upholding the law, at $0 cost for the UST.
The case for revoking the Charter is very simple. First, the multiple breaches of the Charter Act:
1- The pop-up laws that assess a fee or charge on the assets or securities of FnF, later collected by the United States, which is explicitly "PROHIBITED" in the clause Fee Limitation. 10 bps TCCA fees in 2012 that continued with BBB fees, 4.2bps for the UST's and HUD's Affordable Housing trusts. Even a Commitment Fee in the SPSPA although never assessed. Let alone the Warrant, deemed a 79.9% Common Stock charge.
2- Federal Programs: MHA program where even FnF advanced payments to the banks under this program, but later they weren't reimbursed (FHFA IG's report). Forbearance program in CARES Act, etc. GNMA kept the special assistance activities in the 1968 Privatization Act (spin-off)
3- CRT program. Unauthorized. The law only allows CRT with 35% of the 4.2bps, that corresponds to the UST's Magnet Fund mentioned before. But never as a credit enhancement in FnF: clause Credit Enhancement.
If additionally, the shareholders waive their claim on a refund of the amounts already collected or owed to FnF in the case 1 and 2, not on the CRT expenses scam, it bodes well for facilitating the decision of revoking the Charter.
Waiving the claim on legislative assessments ($ syphoned off to UST in new pop-up laws: 2012 TCCA fees, 2020 BBB fees, 2008 HUD/UST's 4.2bps)and a claim on the utilization of FnF for federal pgrms w/o being reimbursed, are used as an excuse to revoke the Charter, as it bars both. pic.twitter.com/a0ZHDwJBDm
— Conservatives against Trump (@CarlosVignote) September 5, 2022
THE TRUTH ABOUT THE NET WORTH PUBLISHED.
All the Net Worth built, is SPS. Then, it belongs to the UST.
A NWS 2.0.
For instance, Freddie Mac today reports $34.1 billion Net Worth. We see in the balance sheet that $34.1 billion SPS that are being increased for free quarterly since 2018, are missing.
Why does Freddie Mac do it?
Because, as any security issued or increased for free, it's debited from the shareholders' pockets, either Additional Paid-In Capital account or, once it's exhausted, Retained Earnings account. Both Core Capital and Equity (Net Worth)
Without SPS, there is no reduction of the Core Capital and the conspirators can continue with the lie: "FnF build Capital" and that the $90.5 billion Net Worth belongs to the common shareholders (Retained Earnings). Posting happy, EMOJI, happy, EMOJI, weeeee!, EMOJI, posts to mislead us.
We see in the Net Worth activity table, what happens every quarter: the SPS are NW or Equity., but they are concealed to not post the offset that wipes out the Retained Earnings just built.
I filed several SEC complaints about this and I have requested an all-in settlement for moral and punitive damages that includes to all the Equity holders.
Fairholme might have stolen my allegation and it plans to settle directly with FnF confidentially in the Lamberth's court. It explains why now FnF are parties in the two related cases in that court, when they don't have powers to represent themselves in court and also, the dramatic appeal by Sheila Bair to release them from conservatorship, so that it's when FnF can settle the Securities Law violations mentioned.
Each Securities Law violation carries a prison sentence of 5 years.
The DOJ has been notified.
The laws/regulations state that there is a secret plan.
The dividend payments were capital distributions applied towards SPS reduction. Then, the recapitalization continued in an escrow account at the Treasury Department.
Another evidence is that today, the Retained Earnings are held in escrow too, due to the effect of the SPS when they are increased for free (SPS debited from the Retained Earnings account)
Your emails are worthless. Refrain from posting them under the orders of your boss, the hedge fund manager Pagliara.
More navy sealed docs! The law requires that the director of FHFA be chosen among citizens that have
demonstrated understanding of financial management or oversight, and have a demonstrated understanding of capital markets, including the mortgage securities markets and housing finance.
The plaintiffs are accused of crime of Making False Statements, for the cover-up of many statutory provisions and also, conspiracy to defraud the United States.
Their accessories on internet message boards will be next.
The $90.5 billion Net Worth is comprised for SPS.
Have you ever heard of the SPS increased for free every quarter, in an amount equal to the Net Worth increase?
NWS 2.0.
The FnF shareholders are closely monitoring the series of navy sealed documents, either depositions or emails, that are being used as attempt to substitute the law in force and impose the Govt theft story that justifies the stock price manipulation.
Documents with crazy people claiming that they will steal all the money from the shareholders. Other that FnF were about to enter a period of "sustained profitability" so that the noncumulative JPS could get a dividend too, when the dividends are restricted in undercapitlized enterprises. Finally, Professor "friend of Rosner", who calculates a damage on a common stock based on the missed dividend payments, when the common stocks' claim or damage, is on the full Net Income of FnF syphoned off to UST. Let alone that the damage continues with the SPS increased for free.
MORE SHAMEFUL ATTEMPTS TO COVER UP THE LAWS, WHICH IS ALL THAT MATTERS./b]
Their opinions are worthless, primarily because the only person in charge is the director of the agency that was appointed conservator, the FHFA.
The law states that the dividend was a capital distribution applied first toward the reduction of the SPS, per the exception B to the Restriction on Capital Distributions and then, toward the Recapitalization, per the exceptions added up in the July 2011 CFR1237.12.
Otherwise these capital distributions were restricted. So, it was a capital distribution to that end, under the guise of dividend payments to UST.
The conservator's Incidental Power allows it to lie "in the best interests of FHFA", while fulfilling its Rehab mandate ("any action authorized by this section")
The secret plan.