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TARP DIDN'T EXIST WHEN FnF WERE PLACED INTO CONSERVATORSHIP, also, TARP was closed in 2012 and FnF still have a $145b worth of UST funding commitment, yet Guido, following orders from his boss, Pagliara, keep on posting a press release with a joint statement by the UST Sec and the OMB, that mistakenly add FnF in TARP, but it's evident that it was meant to present the ending balance of all the Govt programs. It can't be used in an attempt to change the law in force (TARP was approved in a law)
Guido reminds me the corrupt plaintiffs that present in court emails and quotes from somebody one day, as a substitution for the statutory provisions that rule FnF.
The gang aims to treat the warrant of FnF the same way it was treated in the case of the banks. He doesn't know that the exercise price wasn't calculated in the same way, the banks with a market price, FnF's with $0.00001ps, for a reason, because FnF's is a collateral "to protect the taxpayer" according to law, and barred in the Fee Limitation.
MUST READ+++ THREAD EXPLAINING THE WHOLE CONSERVATORSHIP.
Final bailout cost.
Who are to blame. (Add the Court of Federal Claims and judge Lamberth's court)
The reason for the Secret Plan and the statutory provisions that hold it up.
The compensation that settles these remaining crimes, otherwise fresh lawsuits will emerge.
CRIMES
— Conservatives against Trump (@CarlosVignote) April 7, 2022
-Plot to defraud🇺🇸by the Executive Branch,#SCOTUS, 5th/6th Circuit Cts
-6 Securities Fraud violations.
10% div=attempt to mimic the FHLBs' bailout.
10%/NWS divs=fast repayment/Recap scheme.
The Charter's special borrowing right from UST,prevails.#Fanniegate @TheJusticeDept https://t.co/lpE6LNe4GQ pic.twitter.com/Q0GAMjCMR5
FnF are governed by the Charter Act. Not by contracts with UST or by federal programs like TARP.
We all know what you are doing here.
The Treasury Department is clueless and filled with Wall Street rookies.
The evidence that FnF weren't included in the TARP funds is that the TARP fund closed in 2012, but FnF still have $145 billion of UST funding commitment.
Again, FnF did not participate in TARP.
FnF are owed several billion dollars for the MHA program. This is why the MHA program was a success. FnF have not been reimbursed for the cost yet. It's part of the refund that I request daily.
FnF didn't receive capital from the TARP program. Other theme is the MHA program for loan modifications, where FnF are owed money and even the payments they had to advance to the banks that participated ($2,000 per loan modification,etc)
You can't stop misleading the shareholders, under orders from Pagliara.
All the corrupt plaintiffs are in deep trouble.
It's been proposed on #Fanniegate, that the Wall Street banks and the more than 8,000 financial institutions that comprise the 12 FHLBanks, be the ones that defray the cost of moral and punitive damages to the Equity holders ($41 billion) and the economic damage to FnF ($6 billion in interests), once the secret plan is unveiled ($170 billion net refund by UST to FnF; SPS and warrant, cancelled). It's been explained that the Fanniegate scandal is about an assault attempt on the FnF ownership by the U.S. banks, jointly with a scheme of secured deals for the investment banks (stock offerings). The scheme of repayment will be the same scheme set up for the FHLBs in their 1989 bailout by Congress: It will be established the company Funding Corp that will issue a $47 billion worth of obligation. This company will only pay interests. The banks will pay to Funding Corp 20% of their profits and, at least, the amount of interests (annuity). If they miss the payment of this annuity, a Treasury backup will kick in,....
OUR NEGOTIATOR COMMENCES THE PHASE OF RECKONING.
There is a political cost:
, once it's been made clear the Charter dynamics, with a UST backup of the enterprises at a rate similar to the U.S. Treasuries, in exchange for a Public Mission. It's not rocket science.#PELOSI/#WATERS TO RESIGN
— Conservatives against Trump (@CarlosVignote) April 5, 2022
TCCA co-sponsors.
P:HERA's sole sponsor.
Legal alibis for the con operation called #Fanniegate.
A secret plan(original Charter dynamics/FHEFSSA,prevail👇)while trying something else w/ @TheJusticeDept.
Only update the $2.25b obsolete limit was necessary. https://t.co/AKqo6rsSuW pic.twitter.com/rFxgKpBMg8
It's a self-imposed negotiator. You can't opine. Sorry!
What is worthless is your opinion, Bradford. We all know that you follow instructions from Berkowitz, Pagliara and Ackman.
The shareholders won't forget it.
***BREAKING NEWS***OUR NEGOTIATOR PUBLISHES THE ESTIMATED BAILOUT COST FOR THE UST, ACCORDING TO THE LAW.
NIY stands for Net Interest Yield.
Now, heads will roll!
CONGRESS EMBRACES THE SECRET PLAN THEORY
— Conservatives against Trump (@CarlosVignote) April 4, 2022
UST missed the opportunity to earn a NIY=0.5%,had it made a one-time $30b injection in 2008 (NIY=0.20% 2008-2011)
Instead:
2008-2013.NIY:-0.8%( $FMCC. $FNMA's SPS repaid in 2014)
2013-2021: $170b net refund(Recap)
Damages: $47b.#Fanniegate https://t.co/j4IkX3w0Y0 pic.twitter.com/ojpDHIue32
OUR NEGOTIATOR CARLOS ISN'T A SECRET. HELLO?
I always attach an internet link to his comments on Twitter.
The secret plan isn't a secret either. It's been explained a thousand times and it's a plan that upholds the law. So, you just have to read the statutory provisions.
What is kept secret is that it's being carried out secretly.
Let me guess. Are you 90 years' old? ROFL
Forget it. My posts are for smart people.
The request was made subliminally, by exposing their fraud.
OUR NEGOTIATOR REQUESTS THE ABRUPT RESIGNATION OF SCHUMER-PELOSI.
Schumer provided the alibi to his buddy, Hank Paulson, for the need of a SPSPA in a Conservatorship.
Pelosi was the sole sponsor of HERA. An unnecessary law, as the Treasury backup and the Conservatorship wording, were already written in the Charter and FHEFSSA, respectively.
For instance, HERA forgot to include again the provision that stipulated a mandatory release from Conservatorship once FnF are Undercapitalized again, which implies what we already know, that a Conservatorship for Critically Undercap enterprises, is about their rehabilitation, that is, recapitalization. FHFA-C's Power: "Put FnF in a sound (recap) and solvent (reduce debentures, like the SPS) condition".
THE FHLBs' BAILOUT PROVISIONS, EVIDENCE OF THE @SenSchumer's ALIBI FOR THE NEED OF SPSPA
— Conservatives against Trump (@CarlosVignote) April 3, 2022
He saw that the FHLBs' section w/ the UST backup is called "Treasury backup",to pave the way for the need of a SPSPA,because HERA added a provision w/ unspecified terms/conditions.#Fanniegate https://t.co/0wpqRr3hlD pic.twitter.com/LDNNOPwRCg
Don't miss the early bird ***BOOM*** today.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168422408
The crisis actors posting like mad early morning.
***BOOM*** THE LAST COMPARISON OF THE FHLBanks' BAILOUT WITH FnF's, IS DEVASTATING FOR THE GANG FHFA-UST.
And its accessories: Pagliara, Bradford, Howard, Berkowitz, Ackman, etc.
The FHLBs, which were bailed out by Funding Corp, not by the UST, had a UST backup in the section called, guess what, "Treasury backup", that provided funds at a 0% rate when the FHLBs missed the payment of a $300 million annuity.
It turns out that the whole Charter of FnF is about a UST backup, that I usually refer to as UST backstop, in the form of a provision called Authority of Treasury to Purchase (redeemable) Obligations, where the SPSs fit in, at a rate similar to the Treasury bonds at the time. We didn't need HERA's unlimited yield SPS provision, sponsored by Pelosi (Hank Paulson's bazooka)
MORE COMPARISON
— Conservatives against Trump (@CarlosVignote) April 2, 2022
FHLBs: bailed out by Funding Corp,not UST which only provided backup at 0% if they miss a $300mll annuity, recouped w/ 20% of profit.
FnF: whole Charter is a UST backup,at a rate similar to Treasury bonds. Even the Secret Plan had its own UST backup,...#Fanniegate https://t.co/Svvz4KcbTS pic.twitter.com/EBV1uMtyz4
The evidence of a escrow account is that it was used for the FHLBs' bailout that had to pay 20% of their profits to that end.
FnF paid a 10% and a NWS dividend..........to that end, too.
First, we have to understand that they aren't the same operation. The FHLBs paid with cash. FnF with Core Capital (dividend)
I correct something posted before.
-The escrow account was held in Funding Corp, the parent Co of RefCorp, the fund that bailed the FHLBs out.
-The 20% of the profits, was paid to Funding Corp, but there is one case where the UST received that payment, in the case that the FHLBs failed to make their $300mll annuity payment, because the UST had to advance that amount to Funding Corp, needed to pay its $300mll in annual interests. So, a fresh obligation surges of the FHLBs with the UST at a 0% rate.
Yes, you read it right. The UST provided a backup to the FHLBs in their bailout by Funding Corp, in the section called: "Treasury backup".
These are all statutory provisions, so you just have to read the law.
You need to keep your story straight. First you claimed that you received mail. Then, that you checked your mailbox. Using the language that you use with your fellas.
I haven't received such notification yet.
We are witnessing a "con" operation. So, until everybody is notified, we can't assume that the Class Action is for real.
I already informed you that the plaintiffs failed to publish the Summary Notice in inverstors.com and PR Newswire, within 10 business day, as stipulated in the judge's order.
It was never published.
The plaintiffs have to show proof of its publication in court, three months later.
The court news are part of the Govt theft story that justifies the stock price manipulation.
Your name and address don't appear there. It seems that you simply have printed out the Notice that appears on their website fannie-freddieclassaction.com. Is it now when you ask for the transfer of money to your bank account?
Dude, I told you that the Class Action was annulled and why.
You are welcome.
That's a lie.No one has received a letter regarding the Class Action.
It was annulled when the plaintiffs failed to publish the Summary Notice in the website investors.com and in PR newswire, as stipulated in the judge's order and as agreed by the parties, "within 10 business days". It was never published.
The fact that you claim that you received a mail is evidence, because first, the brokerage firms are the ones to notify us and, the odds are that it's done with a notification in our inbox of our accounts on their websites, as any other notification that we receive about dividends, etc.
It's only when the brokerage firms refuse to notify us, when they send our private addresses to the plaintiffs, who are the ones that send mails, which would be flawed because, if any, it should be a certified mail.
THE TREASURY DEPARTMENT WON'T EXIST IN ITS CURRENT FORM.
Its 100,000 staff faces an uncertain future.
UST BEHAVES LIKE A🇨🇳AUTOCRACY-OUT OF TOUCH WITH REALITY-ABUSE ON THE PUBLIC
— Conservatives against Trump (@CarlosVignote) March 31, 2022
Clueless: debt as revenue source.
It has to resolve the Conservtrshp,not GSE reform. Sickening verbosity instead:"Developed Admn positions on GSE reform..."#Fanniegate=Investment by the book(Rule of Law) https://t.co/umL6S5cPHt pic.twitter.com/6NwsGSau2f
THE EXPLANATION IS CLEAR!!!!!!!THE FHLBs HAD AN ESCROW ACCOUNT AT THE TREASURY DEPARTMENT, with a balance called "credit due to FHLBs".
They deposited money here, invested in zero-coupon Treasuries, as part of a fast repayment of the obligation RefCorp scheme.
Also they paid very little in their bailout. 0% on a $300mll per year annuity and 1.05% on the prepayment installments.
AND YOU STILL WONDER WHY THIS IS IMPORTANT!!!!!!!!!?????????????
The FHLBs are GSEs too. The same regulator.
The difference is that FnF had the bailout scheme embedded in the charter SINCE ITS INCEPTION, not a pop-up congressional bailout like the FHLBs.
With FnF, the law says that they are also carrying out a secret plan and the fact that they did the same with the FHLBs is REMARKABLE!!!!!!!!!!!!
Your are shamefully attempting to discredit my comments.
***BOOM*** EVIDENCE OF AN ESCROW ACCOUNT WITH FnF. The comparison with the bailout of the other GSEs, the FHLBanks, raises our eyebrows because they paid 0% interests on a $300mll annuity and they only paid 1.05% if they chose a fast repayment scheme. Today, on #Fanniegate, it's been posted that this fast repayment scheme, were funds invested in zero-coupon Treasuries according to the Law. We don't know whether they really bought these securities at a discount to face value, earning interests, or it was an account at at 0% interests. In both cases, it's like an escrow account at the Treasury Department, with a balance called "credit due to FHLBanks".
With FnF, the theory of the Secret Plan set forth in the Law, contemplates the 10% and the NWS dividends as schemes of fast repayment of the obligations SPS and recapitalization. So, the funds are held in a escrow account at the UST.
#BOMBSHELL.THE FHLBanks' RefCorp SCHEME IS ALL ABOUT AN ESCROW ACCOUNT AT THE @USTreasury (JUST LIKE FnF)
— Conservatives against Trump (@CarlosVignote) March 29, 2022
The amount paid >$75mll/q at 0%, is called "credit due to FHLBs", deposited in a escrow acct, "invested in 0-coupon Treasuries".
In the example:
It paid $105mll...#Fanniegate https://t.co/yS81DOM0kR
The crisis actors write "Thanks" or "Thank you".
The accessories in this conspiracy, where Pagliara is the boss.
You talk about a program where FnF didn't participate, to claim that FnF would have to buy back the warrant.
You are trying to steal from the shareholders, under the orders of Pagliara.
The blogger Don Layton has always been a mobster.
Only a hugely mentally perturbed person would say that FnF are Government mortgage agencies.
The SPS were redeemed secretly under the guise of dividend payments to UST, in 2013 and 2014, for freddie mac and fannie mae, respectively, pursuant to the exception B to Restriction on Capital Distributions in the FHEFSSA, as amended by HERA.
There is the Rule of Law in the United States.
FnF didn't participate in the CPP program.
The average price of the preceeding 20 days is related to how the exercise price of the Warrant was set initially, when a bank got approval to participate in the CPP program.
FnF is different. The exercise price was set at $0.00001 per common stock.
It was more a collateral than a compensation. Illegal in the Charter's Fee Limitation.
Pagliara is your boss.
***THE RETIRED JUDGE SWEENEY ISN'T BACK OF RETIREMENT***
She can't handle the Fanniegate case.
Tremendous blow to the conspirators plaintiffs-DOJ, that use the courts for the assault on the ownership of FnF (common stock). That is, share the booty (settlement)
SWEENEY CAN'T HANDLE THE #FANNIEGATE CASE
— Conservatives against Trump (@CarlosVignote) March 28, 2022
A retired judge upon completion of a 15-yr term,as she wasn't reappointed by @POTUS for a regular active service.
A Chief Judge might call her in to "perform judicial duties". It can't be used to circumvent the POTUS' will.@TheJusticeDept https://t.co/jiFyzPKzRh pic.twitter.com/y0cYuWhNUX
***BOOM***UST AND THE DOJ ARE WELL AWARE OF THE LOW-COST-BORROWING NATURE OF THE GSEs.
Primarily because the UST was the one that set the discount rate that the FHLBanks had to pay in their 1989 pop-up bailout by the Congress, called Refcorp.
There is a stark difference between the two types of GSEs: FnF have this special borrowing right embedded in their Charters since their inception (1968), in the clause Fee Limitation that regulates the relationship with the Treasury (PROHIBITION to benefit off FnF, other than a low rate similar to Treasuries on redeemable obligations, in an amount that was de facto updated by the SPSPA, to better reflect that in 2008, their debt was 63 times higher than the one when the Charter was enacted)
I also talked about this clause yesterday.
UST knows it.
The DOJ knows it.
Berkowitz knows it.
President Biden knows it.
Everybody knows it.
CLARIFICATION:FHLBs' 1989 POP-UP RefCorp RESCUE
— Conservatives against Trump (@CarlosVignote) March 27, 2022
20%of profits/$300mll annuity @ 0%/40yrs.
Fast repayment scheme: amount paid>annuity(credit)is where it was established the compensation to UST,as they were compelled to buy 0-coupon Treasuries.
UST set the discount rate.#Fanniegate https://t.co/NexOY1crbL pic.twitter.com/aheaMZefny
***BERKOWITZ FALLS INTO OUR NEGOTIATOR'S TRAP***
Multiple times being accused of using the courts to negotiate with the Govt (settlement) made him feel the need to mention the Charter's provision that is the grounds of the Charter dynamics, concealed by all the corrupt litigants during 14 years. Case closed.
BERKOWITZ FALLS INTO MY TRAP
— Conservatives against Trump (@CarlosVignote) March 26, 2022
Accused of negotiating by not challenging:Warrant,10%div, free SPS, Commitment fee(Atty.Conf Call hosted by Pagliara:"@TheJusticeDept has to come to me.We have emails FMCC says C.fee,$400mll")
14 yrs later,he claims the latter is illegal...#Fanniegate pic.twitter.com/piZeXdzGo6
$100 billion is an extra payment to us, above the price where the UST breaks even ($263.5 billion taken away as of end of March, 2022). So, 363. 5 billion is the final Market Capitalization for a Taking, PER 9.9 times.
PER stands for Price Earnings ratio.
PS stands for per stock.
The 10% dividend, like the NWS dividend, was a scheme of fast repayment of the obligation with the taxpayer (SPS).
The actual rate is a low rate according to the Charter. 0% with the collateral (Warrant) taken illegally.
OUR NEGOTIATOR FINDS THE SWEET SPOT IN THE NEGOTIATION.
Breakeven for the UST and the sought-after sweet deal for the shareholders.
A sweetened Taking price above the breakeven price for the UST (it takes into account the funds already taken away), thanks to a $100 billion penalty on China for meddling in the U.S. Housing Finance System.
Per 9.9 times.
Market Capitalization: $264 billion.
FMCC: $234ps
FNMA: $164ps.
Additionally, the payment of damages for 14 years in a phony conservatorship.
The JPS have nothing to do with a tax-exempt Taking. They aren't necessary for the control of FnF. They are redeemed by FnF, or stay in the companies.
(The breakeven price for the UST, is a Taking at PER 7.1 times)
It means that it's a Taking for free.
***A PER 7.1 TIMES IS THE TAKING PRICE WHERE THE UST BREAKS EVEN ON DAY ONE*** FNMA= $133; $FMCC =$169ps. It takes into account the shareholders' money that the UST has taken away during Conservatorship and until December 31, 2021 ($176 billion owed to FnF, which includes $6 billion in interests), plus $76 billion currently in their Retained Earnings account. Totalling $252 billion. Also, because we are at the end of the quarter, it's assumed that the UST has already taken the $11.5 billion Net Income before taxes, that FnF generated in the first quarter (adjusted for TCCA fees, CRT fees, provision -benefit- for loan losses,...). That is, a Taking for free.
Because this is outrageous, more proper of autocracies, we require the payment of the full fair value at PER 13 times. It's also laid out a "meet in the middle"-type of scenario, that could be sweetened if the U.S. Congress levies a $100 billion penalty on China, for meddling in the U.S. Housing Finance System during the period 2008 (H.Paulson met with top officials in China; the Warrant was envisioned as the formula for the assault on FnF ownership by Wall Street) and, later on, multiple meetings of China VP Quishan with Geithner, even at the airport of his home town, Qingdao, after a G20 meeting. The most important of those, a Charlie Rose interview where he said to Geithner with a petrified face: "Housing hasn't been addressed yet". Two days later, the bill HR1859 was introduced in Congress for the Coop Model, and FMCC as Office of Securitization. The grounds for the FHFA/UST/MBA Plans.
FULL FAIR VALUE REQUESTED
— Conservatives against Trump (@CarlosVignote) March 24, 2022
PER 13x (3.5% JPS div, incl.),because UST uses shareholders' money:$252b($6b in damages to FnF are interests) +$9.1b of 1Q2022$FMCC:308$FNMA:242
PER 4.7x for the UST
DAMAGES
FNMA/$50 JPS:16.4(5yrs at 3% x2+3% 1Q2022)
FMCC +5%#Fanniegate @TheJusticeDept pic.twitter.com/elLtJtcjMX
It's a "carrot and stick"-type of negotiation.
***BOMBSHELL***THE FHFA ACTING DIRECTOR SPITS AT THE CONSTITUTION.
#BIDEN MUST FIRE THE @FHFA ATG.DTR.ON THE SPOT
— Conservatives against Trump (@CarlosVignote) March 24, 2022
Spit at the Constitution:Refusal to sign a Court doc(now invalid)where FHFA is Defendant. Non-FHFA employee DeMarco did it.There's more!
Liar
Secret Plan initiated by DeMarco,otherwise crime.
6 securities fraud violations.#Fanniegate https://t.co/zRFunc624x
You can be negotiator too. You just need to be an expert in FnF matters and Finance in general, and send tweets to the UST and the DOJ. Just try.
Ooops! It turns out that our maestro is the only expert here and he posts daily in-depth analysis based on Finance.
Your laugh is the laugh of an envious person. Get over it.
Don't reply to my posts.