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***BREAKING***.OUR NEGOTIATOR REQUESTS A $1B PENALTY FOR LITIGANTS AND THEIR LAW FIRMS.
Accused of Malicious Abuse of Court Process.
Each litigant would have to pass a 4-box checklist, to see if they have filed a lawsuit with the only valid claims according to the law.
$1B PENALTY FOR LITIGANTS/LAW FIRMS
— Conservatives against Trump (@CarlosVignote) March 22, 2022
Malicious abuse of Court process.The Govt theft story aims to change what is set forth in the Law.
Checklist for scrutiny:
-Restr on Capital Distr
-Fee Limitation
-CFR1237.12
-FHFA-C's Power/Inc Power
🇨🇳down to $100b.#Fanniegate @TheJusticeDept https://t.co/hPN6BGv54L pic.twitter.com/VfuQEHvdZL
A Nationalization isn't authorized in a Conservatorship.
Then, the case is about the Conservatorship. Don't change the subject like the corrupt litigants.
***BOOM*** THE OTHER PARTY, DEFENDANT FHFA, FILED THE SAME MOTION FOR SUMMARY JUDGEMENT. SIGNED BY THE FORMER ACTING DIRECTOR DEMARCO. It's illegal, as it should have been signed by the current Acting Dtr, Thompson. Evidence that she doesn't want to be involved with the Secret Plan, for the litigants' Government theft story. The announcement is imminent.
The other party, @FHFA, also filed yesterday the same motion for Summary Judgement but, curiously, it was illegally filed by the fmr Acting Dtr DeMarco. It should've been the current Acting Dtr.
— Conservatives against Trump (@CarlosVignote) March 22, 2022
She tries to distance herself from the Secret Plan.
More abuse of the Court process. pic.twitter.com/xXZZOCUUDy
Subsection (e), not (d), in the link posted.
kthomp19 is concealing the law in force, FHEFSSA as amended by HERA.
There is a Restriction on Capital Distributions at the end of the section CAPITAL CLASSIFICATIONS, that starts with "IN GENERAL".
Subsection (d)
https://www.law.cornell.edu/uscode/text/12/4614
He has pointed out what is stated in each capital classification, but he has concealed this overall restriction.
We see that the exception (B) is for the repayment of the SPS, the grounds for the Secret Plan theory.
The Capital rule is effective since February 16,2021.
You mean the minor amendments approved recently by FHFA's Thompson about the buffers and the CRT, that have an effective date May 16, 2022.
Completed discovery? Fairholme withdrew the request of documents in the August 2021 withdrawal of motion to compel with the judge's subpoena to the Treasury.
This is because one of the questions was about the existence of the Secret Plan.
https://mobile.twitter.com/CarlosVignote/status/1422536307432112135/photo/1
Fairholme had its lawsuit dismissed in the Appellate Court for the Federal Circuit in February (Court of Federal Claims case)
This lawsuit in the Lamberth's court is garbage.
He only posts in-depth analysis and it's the best strategy.
FnF are publicly-held companies and Social Media is the only place to know the view of the public during a Conservatorship.
What's your problem? (Rhetorical question)
OUR NEGOTIATOR SAYS: "APOLOGIES NOT ACCEPTED"
This will compel the Government to open its wallet and offer a hefty compensation for Moral and Punitive Damages to settle the 6 securities fraud violations during Conservatorship.
Money talks.
REMINDER: DAMAGES
— Conservatives against Trump (@CarlosVignote) March 17, 2022
Option 3 (1968 Charter):6% annual rate on a $50 JPS through Dec 2021. Then,12% rate for the 1Q2022.$FMCC holders +5% due to illegal Class Action promoted by @TheJusticeDept.@USTreasury's remainder ill-gotten funds,only for shareholders.
APOLOGIES NOT ACCEPTED
The best strategy to beat the Government, is to attack and expose. Attack and expose. Attack and expose. Which is what our negotiator is doing daily. Now, please, step aside.
By the way, you did ask who he is.
with no factual evidence that he or she even exists.
***BOMBSHELL*** THE COURT OF FEDERAL CLAIMS CHIEF JUDGE SENDS BACK ALL THE CASES TO THE RETIRED JUDGE SWEENEY.
The Fairholme case along with the other 11 related cases, were dismissed in February by the Appellate Court for the Federal Circuit, but when they returned to judge Schwartz, he didn't follow suit with the permanent dismissal of the case, along with other cases, like Joshua Angel's case or the one being concealed, Joseph Pratt's.
They want to maintain the cases active, so that they pretend to have some bargaining power. But, for instance, in the Mr. Angel case, the DOJ requested to judge Schwartz a 30-day stay of the case after the ruling in the Federal Circuit. Thus, on March 24 the judge would have to issue an order for dismissal that effectively terminates the proceedings.
This is why the CFC chief judge ordered yesterday to send back all the cases to the corrupt judge Sweeney, so that this deadline to issue an order for dismissal is skipped, and the mobsters keep the investors engaged with the illiquid JPS, lured with the hook of getting more than what their contract specifications set forth.
More detail here:
CFC CHIEF JUDGE SENDS EVERYTHING BACK TO CORRUPT RETIRED JUDGE SWEENEY,TO EVADE THEIR DISMISSAL@TheJusticeDept requested to Schwartz 30-day stay in Mr.Angel's case.
— Conservatives against Trump (@CarlosVignote) March 16, 2022
March 24 will be 30 days after the Federal Circuit's dismissal of the Fairholme case(+11 related cases)#Fanniegate https://t.co/RrRZDxSLQU pic.twitter.com/EY7dMyNhMi
When I talk about "our negotiator", maestro Carlos, I always post a link to his tweets. You are the only one asking who is he. Hello?
The negotiations are ongoing. Wait for the final resolution to evaluate his negotiation tactic: all the garbage during Conservatorship, is brought up to the surface.
HERA's Incidental Powers provision doesn't say that!!!!
Better said, the FHEFSSA's provision, as amended by HERA.
The law in force is the FHEFSSA. Hello?
The Incidental Power says "take any action" followed up by "authorized by this section". Both the Court of Federal Claims and the Scotus have omitted the latter. Hello?
We all know what you are doing here.
THE WARRANT WAS ISSUED FOR A TAKING BY WALL STREET, NOT BY THE GOVERNMENT
The warrant can't be assigned or sold to other Person, but we are dealing with a criminal organization that has established a new organizative paradigma different to the one applied to everybody else.
It's established in the Warrant covenant 2.1 that the U.S. Treasury, after exercising the warrant, can assign the right to receive the stocks to any Person: private equity firms, hedge funds, Community Banks, etc. This way, the U.S. Treasury is relieved of the public backlash when the taxpayer learns that the stake of 79.9% Common Stock was sold Wall Street.
This operation belongs to another dimension. It isn't an acquisition/sale of items, but a space gate where these People walk through and become the new owners of the enterprises.
Misterously, they appear as holders of common stocks spontaneously.
You can't assign the right to receive stocks because that right is the warrant itself, a security. So, you are assigning the warrant to others, after writing in a covenant that it's prohibited.
The U.S. is governed by the MOB and its ally, China.
THE COMMUNISTS (ALLIES,🇨🇳,🇷🇺) KNOW THEY ONLY HAVE TO PLEASE THE @WhiteHouse ADVISORS: WALL ST
— Conservatives against Trump (@CarlosVignote) March 15, 2022
🇺🇸,undeveloped economy(Exports to GDP=11%)#Crypto scam is run by the 🇺🇸Govt,as a way to raise money.#Fanniegate:GS and #China came up w/ the Warrant 2.1: stocks transferred to Wall St. https://t.co/wKqJcWq7xU pic.twitter.com/JngsNnm99Q
There is only one negotiator and it's not D.Thompson.
OUR NEGOTIATOR LAYS OUT THE THREE OPTIONS OF THE U.S. CONGRESS.
Each option represents a different Housing Finance System. This will facilitate the decision making.
Options:
1-Taking at PER 13 times, plus damages. The effective PER for the UST is 5 times, taking into account that it uses $252 billion of the shareholders' money and that it pays no corporate tax.
2-A net refund of the $170 billion owed to FnF, plus damages.
3-A $0 refund to FnF, but the compensation for damages rises to $170 billion.
SUMMARY
— Conservatives against Trump (@CarlosVignote) March 13, 2022
We are in the scenario seen in the table: $170b net refund, deposited in a Retained Earnings acct.
OPTION DAMAGES
(1)$481b Taking $41b to Equity holders + $6b to FnF
(2)$170b refund (1)
(3)$0 refund $164b + $6b#Fanniegate @TheJusticeDept https://t.co/y7ENhkunfg pic.twitter.com/3coSaNXBEn
BEHOLD! THIS IS THE GOLDEN TICKET TO RECEIVE A COMPENSATION FOR MORAL AND PUNITIVE DAMAGES.
It also settles the 6 securities fraud violations during conservatorship.
THIS TABLE IS THE TICKET FOR A $47B WORTH COMPENSATION FOR DAMAGES$FMCC =$17.3
— Conservatives against Trump (@CarlosVignote) March 12, 2022
$50 JPS/ $FNMA =$16.5
FnF=$6b
The lies/crimes in Consrvtrshp are adjusted here. The Secret Plan is announced in either of the 3 options:
$481b Taking
$170b refund
$0 refund.#Fanniegate @TheJusticeDept https://t.co/8bZ3aA0lka pic.twitter.com/jPuJ4dyCKM
BOMBSHELL! OUR NEGOTIATOR BRINGS A 3RD OPTION: BACK TO THE FUTURE.
-The U.S. Treasury would save the $170 billion owed to FnF.
-It just has to pay the $41 billion in moral and punitive damages to the Equity holders, which also settles the 6 securities fraud violations during conservatorship.
-The refund previously stated, included $6 billion in damages to FnF (basically the tax-exempt interests on the $189 billion pre-tax, due to them) also prevails in any case.
This option simply is about returning to the basic Charter's dynamics that has been concealed all along: the existence of a cheap UST backstop in the Charter since its inception in the 1968 FNMA Privatization Act.
It would mean that the Charter and a subsidized guarantee fee are perpetuated, which isn't what many people want.
3 options available. The abuse on the public and abuse on the court process aren't acceptable in a Democracy.
HOW COULD THE @USTreasury SAVE $170B OWED TO FnF($6B DAMAGES):RESPECT THE LAW IN FORCE AND ECONOMIC PRINCIPLES
— Conservatives against Trump (@CarlosVignote) March 12, 2022
De facto admit🇺🇸run by the MOB all along.W/ the Charter's cheap UST backstop,FnF don't need Capital requirements.The Charter simply requires to keep a min NW.#Fanniegate https://t.co/ZWaas58EGy pic.twitter.com/8H2NN9p0Xb
OUR NEGOTIATOR LAYS OUT THE SCENARIOS AFTER EACH OF THE 2 OPTIONS AVAILABLE.
STOCKS DISCOUNT THE FUTURE (COMMONS➡️EARNINGS; JPS➡️COUPON):A $176B REFUND IS KEPT BY FnF
— Conservatives against Trump (@CarlosVignote) March 12, 2022
2 options:
1-$481b Taking(adjusted PER 5)
2-Refund: commons valued at 13x(non Congress' biz)
The past: $41b compensation for moral/punitive damages (6 securities fraud violations)#Fanniegate https://t.co/g1QtpVOSRt pic.twitter.com/GhJbJlcq8y
The moron of "spspa conversion" is speechless.
THE SPS WERE REPAID IN 2013 AND 2014, FOR FREDDIE MAC AND FANNIE MAE, RESPECTIVELY. Under the Secret Plan theory that is similar to the one already carried out by the FHFA with the FHLBanks, which repaid their obligation with the taxpayer RefCorp, under the guise of interest payments. The FHLBanks used a fast repayment feature that allowed them to pay an annuity toward the RefCorp obligation, higher than the original 75 million per quarter allowance. This way, they satisfied their obligation at a 0% rate in 2011 (they only paid 1.05% rate on their missed annuity), 20 years after their 1989 pop-up bailout and not the 40 years originally established. It's considered that the SPS increased for free by FnF, are a joke. It breaks both the conservator's power of Recap and the Charter's Fee Limitation.
***BOOM*** The price for a Taking would drop drastically once it is adjusted for numerous themes. For instance, a Taking at PER 13 times would drop to 5 times taking into account that the UST would be using $252 billion of the shareholders's money (Retained Earnings account) and the fact that it wouldn't pay the Corporate Tax. So, I have used $46.1 billion Net Income before taxes for FnF together. A PER 5 times means that the UST would recover its investment in 5 years via EPS. Isn't a PER 5 times cheap enough?
No one cares about what someone mentioned.
The Supreme Court Justices were directed by the politicians to raise a Nationalization case.
But the law doesn't authorize it, neither the Charter Act nor the FHEFSSA.
There is no Nationalization but Conservatorship. We know what you are doing.
preferred can not be diluted in a restructuring
THE U.S. CONGRESS TO GIVE THE GO AHEAD TO THE SECRET PLAN THEORY. The only plan that upholds the law. Then, it only has to decide whether the UST proceeds with a Taking of the companies at PER 13 times (the JPS aren't necessary for the control of the companies, but buying them out at their par value is for financial reasons, as they would demand a higher yield than the current Treasury yields) or a reimbursement of the amount due to FnF ($176 billion net) and subsequently, unwind the secret plan: the refund (TCCA fees, CRT expenses, etc), a tax-exempt income; SPS, canceled. Also considered tax-exempt income ; Warrant, canceled.
The goal is to recover all the Core Capital generated by FnF during 13 years of Conservatorship. Holding JPS is the worse option.
***THE WAR OF THE WORLDS*** What we could be watching in Fanniegate is a war between the Republicans represented by the corrupt plaintiffs, that seek to use Fanniegate as a scheme of secured deals for investors in the multiple follow on stock offerings that we would see in the next 8 to 10 years, as a consequence of their stance in court, when they don't challenge the 10% dividend, the CRTs and the SPS increased for free, and, on the other side, we have the Democrats more interested in the Nationalization of FnF (no existing Equity holders and Capital requirements are necessary).
The truth is that both worlds are wrong. The 10% dividend, CRT, SPS increased for free,... and a Nationalization are unauthorized in the Charter Act and in the FHEFSSA's Conservatorship, regardless of what the corrupt Supreme Court said that was wrong. What has happened is a secret plan of repayment of the SPS and recapitalization, similar to the one already carried out by the FHFA for the FHLBanks.
Both agree in the imposition in the Housing Finance System required by the financier China (Govt Explicit Gtee, multiple coop model). This is why both worlds agreed to jointly destroy the country with the COVID hoax that began in China as planned, so that the Republicans pitch the idea of the need of FnF with a Utility Model, grateful for the FnF's refinancings and loan modifications, when their countercyclical role isn't about that (it kicks off in a financial crisis, not in a COVID crisis) and the Democrats pitch the Federally-backed mortgages diatribe (CARES Act by Pelosi/Mnuchin) and how good the State is with people, after a Govt-induced economic crisis.
It's important to know where the two most important political parties stand, so that it's struck down fast and we move on.
FANNIEGATE IS DECLARED "CLUMSY CONSPIRACY".
This isn't just about dereliction of duties, breach of statutory provisions, etc. This is about a gang of thugs laughing at the rest of the population and benefiting from it. Beginning with those spreading the Govt theft story: plaintiffs, Pagliara, Howard, etc.
We have the FHLBanks that repaid their 1989 obligation with the taxpayer (RefCorp) with annuities payable quarterly under the guise of interest payments, at a 0% interest rest, and where it was allowed the fast repayment. Just what FnF did with the 10% and the NWS dividends.
With FnF, it countinued with annuities for their recapitalization in the CFR1237.12.
The Rule of Plunder.
Clumsy plot:
— Conservatives against Trump (@CarlosVignote) March 4, 2022
-@FHFA handing out securities to UST like a retarded person throwing out $100 bills in the streets.Later,use the NW to meet Capital requirements.
-Waters:"Federal Conservatorship",as if it changes something.
-@nytimes:"The name of the companies starts w/ Federal,no?" pic.twitter.com/h3hKcxNG2D
You can't be serious highlighting a claim of breach of good faith against the U.S. Government.
THE CANCELLATION OF THE WARRANT COULD ADD $5.8 BILLION TO THE CORE CAPITAL TOGETHER.
The warrant that was valued at the time at $2.3 billion and $3.5 billion, for Freddie Mac and Fannie Mae, respectively, illegal in the Charter's Fee Limitation, is a security issued for free and, like any security issued or increased for free, like the initial $1 billion SPS or today's SPS, is debited from the Additonal Paid-In Capital account (shareholders' money) or, once it's been exhausted this account, from the Retained Earnings account that is also shareholders' money.
But we see in the 3Q 2008 earnings reports that it was also credited to the UST in the Additional Paid-In Capital account (core capital). This line item no longer appears on their balance sheets. We can assume that it's because it was a mistake to credit the value of the warrant to the Additional Paid-In Capital account for the UST, because it's an account only for the shareholders, not for the outsiders JPS and SPS holders, recorded in Equity due to their contract specifications (specifically, due to their Liquidation Right)
It was done in 2008 to conceal the reduction of Core Capital when it's debited from our Additional Paid-In Capital account, a breach of the conservator's Power of Recap (Rehab)
Today, we would see an inverse of the operation of 2008, recording $5.8 billion in Additional Paid-In Capital, and no need to write off the account of the UST since it no longer appears on the balance sheet. Thus, a $5.8 billion windfall in core capital.
THE WARRANT NO LONGER APPEARS AS ADDITIONAL PAID-IN CAPITAL CREDITED TO UST
— Conservatives against Trump (@CarlosVignote) March 3, 2022
Was it wrong in the 3Q2008,to not show a further reduction in C.C.,FHFA-C's Power(Recap)breach?
Acct for shareholders,not for JPS/SPS holders.
Once it's canceled,$2.3b/$3.5b more C.C.recovered!#Fanniegate https://t.co/EYmT5U3wXI pic.twitter.com/2Z8D2Ay742
The accusation of ABUSE ON THE PRIVATE PROPERTY AND ON INDIVIDUALS, is devastating for a country that is supposedly a democracy. This isn't a Taking or Nationalization, but a Conservatorship where the conservator gets our powers and rights to carry out its duties because, like in any other private corporation, it's still needed a two-thirds common shareholder vote to approve any measure, not to deprive the stocks of economic value and extend the conservatorship during 14 years and counting. We must beat up badly all the mentally perturbed people that want to drive this case to a case of Nationalization, with the hook of getting a compensation for the Taking, when that's not what has happened, unauthorized during a conservatorship and under the Charter Act and the Net Worth of FnF at the time of the 3rd amendment was $0, due to the 10% dividend. That's what you would get, moron. The truth is that, like the FHLBanks, there's been an annuity payable quarterly, to repay the SPS and, later on, to continue the recapitalization under the guise of dividend payments to UST. The Secret Plan.
The Final Rule has an effective date February16, 2021.
What was approved last week was an amendment of the buffers that doesn't change what I estimated with the prior rule.
This amendment is effective 60 days after being published in the Federal Register, which hasn't occurred yet.
So, this amendment is worthless until it's in force.
You don't want to conceal the official Final Rule dated February 2021, do you?
Another "reformer"? The ICBA represents the Community Banks that are switching their JPS held prior 2009, for Common Stocks, during the conservatorship.
Now they want follow-on stock offerings as a scheme of secured deals for them.
***OUR NEGOTIATOR REQUESTS FULL FAIR VALUE (PER 13 TIMES) IN THE CASE OF A HOSTILE TAKING*** Because the UST would be using 252 billion of the Retained Earnings account ($176 billion net amount owed to FnF + $76 billion currently in their balance sheets), which is owned exclusively by the shareholders (holders of common stock), for the acquisition.
So, a PER 13 times would render the net cost at PER 6.2 times, which is enough discount for a despotic Govt controlled by China, Russia and their puppets, the "Allies". We can't allow the Govt to buy FnF for free (PER 6.8 times, is an effective PER=0)
BOMBSHELL. FHFA CONTEMPLATED THE DISTRIBUTION OF RETAINED EARNINGS TO THE SHAREHOLDERS.
For the FHLBanks.
Through stock dividends to the shareholders.
The holders of common stock own the Retained Earnings account, not the holders of JPS or SPS.
It's also evidence of the effect when a company hands out stocks for free: it reduces the Retained Earnings account (Core Capital)
Currently, the SPS increased for free aren't debited from the Retained Earnings account, as it should be (Accounting fraud).
This is why the SPS increased for free, reduce the Core Capital and thus, FnF ARE NOT building capital. It wipes out the Retained Earnings of the quarter. The Core Capital remains flat each quarter.
The SPS aren't recorded in the core capital.
FHFA CONTEMPLATED THE DISTRIBUTION OF RETAINED EARNINGS WITH STOCK DIVS
— Conservatives against Trump (@CarlosVignote) February 28, 2022
In the FHLBs.@FHFA announced their Recap Plan in 2011. At the same, secretly for FnF in CFR1237.12.
The FHLBs amassed an excessive Capital Surplus that belongs to the shareholders.#Fanniegate @TheJusticeDept https://t.co/d0UAp0MFHm pic.twitter.com/Dc3T4C8zOP
Obama never said that. The "wind down" rhetoric at the time, was related to their Investment Portfolio with PLMBSs.
***BOOM*** FnF HAVE PUT IN PLACE A SCHEME OF LOANS TO THE WALL STREET CRONIES.
What lies behind the account Securities Purchased Under Agreements to Resell, are loans to investors where FnF earn just 0.06% (average rate earned by Freddie Mac in 2021 with this account). Therefore, it has a negative Net Interest Yield (difference between the interest rate earned/paid). So, they lose money.
This will speed up the resolution of Fanniegate.
This way, the Wall Street banks are relieved of their role of intermediaries (bank lending) and invest in China instead, as we've seen with many investments in wealth management units (Capital flight)
THE SECURITIES PURCHASED UNDER AGREEMENTS TO RESELL MUST BE INVESTIGATED
— Conservatives against Trump (@CarlosVignote) February 27, 2022
In their Contingency portfolio (more than 2x the short term debt)and in the Custodial Accts.
They are loans to investors where FnF lose money,just like the purchase of Treasuries are loans to UST.#Fanniegate https://t.co/K1MaebkjAy
A Taking at PER 6.8 times would represent a net cost to the taxpayer of $0.
The UST pays a Market Capitalization of $252 billion, but the net amount it owes to FnF is $176 billion and it would be using today's $76 billion in Retained Earnings.
Taking prices:
FNMA: $127
FMCC: $161
The JPS stay in the Capital structure. They don't have Voting Rights and they are simple obligations.
All the Equity holders would get additionally, a compensation for Moral and Punitive Damages, worth $41 billion.
THE PAGLIARA GANG : @navycmdr initiates a false information, hinting that now there is a 1.5% Minimum Capital requirement, when it's still 2.5%. The 1.5% was the buffer.
Later, @Guido spreads the fake news as a fact.
The 2.5% bogus minimum capital has vaporized.