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"Lets hope the outcome will be positive". What kind of positive mood could be expected from
the FMCC common shareholders,when it's expected, that FMCC commons shareholders reward would be 6-9 cents per share. It's already agreed by both plaintiffs and defendants legal teams.
Everything at this court is amazing: started in 2013 and still not done,over 50 delays
and postponed sessions by the defendants team and plaintiffs team never disagree, the same judge
in charge for last 10 years, and jurors court where majority of rules determined by judge, what jurors allowed see and not allowed to see.This court would stay in the history of law as a sample, how it should not be done. Investors from All over the world are looking on it in disbelief.
What a shame!
0.44 PPS is a magic number for the FNMA\FMCC manipulators. It's probably written in their assignment. What a shame!
It wasn't announced,but it's expected it would be over by the end of next week(August 11th)
It's so easy, just 1.5M of FNMA shares, and it brings down FNMA PPS by 3-4% to the planned PPS $0.44
Somebody is happy,that shareholders families are suffering for 15 years. What a shame!
PUMP and DUMP game being played on a daily basis, to keep FNMA PPS at $0.44. It's obvious.
To me it looks like one team just splitted in two. How anybody could explain, that plaintiffs team for the last 8 years agreed on All (at least 50) requests to delay,postpone this case per defence team requirements.
Correct. It could take another 20 years until it will be resolved,and majority of shareholders wouldn't be around. But stock price manipulators still continue to keep at $0.44.
Both Mnuchin and Callabria continued to destroy FNMA/FMCC
PPS should be $293/share,but currently is at $0.47/share.Grim reality.
Yes,we will win, but they will get All of the money, and another 6 cents per share reward will be
received by FNMA shareholders.Happy end of the FNMA/FMCC 15 years adventure.
Prior to the court, that took place in September of 2022, plaintiffs legal team was trying to include an item,
to ask jurors to determine amount of shareholders reward (out of 3 possible options) .
But lamberth intervened, and cancel it.
This case is already lost: approx. 6-9 cents per share for the FMCC common shareholders(reward amount estimate). How many FMCC commons shareholders are satisfied with it?
So far another PUMP and DUMP case,the only difference doubled FNMA volume 5M. Lets wait until the end of day and see what would happened. It's obvious that FNMA PPS being manipulated.
This WILL NOT be appealed. It's a jurors court,not a bench. Also the reward is "peanuts",and at the end
of the day,everyone would recognize it. Of course,defendants team is trying to do their best, but it's not
them who makes final decisions.
FNMA and FMCC release needs to be included onto FHFA business plan. Warren Davidson asked Treasury to do it.
Shareholders should contact Warren Davidson to clarify what is an update on it.
Strong pressure needs to be applied to Treasury to force Treasury to do it.
Almost every day defendants asking Lamberth to instruct jurors, slowly it becomes bench court instead of jurors.
FHFA, Fannie and Freddie want Lamberth to instruct the jury the PSPAs required payment of a 10% cash dividend, the 12% rate was a penalty provision and the GSEs had no right to elect paying an in kind dividend prior to the Third Amendment, and a copy of that request is attached to this e-mail message.
Shareholders want Lamberth to overrule objections FHFA, Fannie and Freddie made to Dr. Mason’s testimony and give the jury an instruction that will restore the balance of a deal the parties made concerning Dr. Mason’s expert testimony
1.6B it's a peanuts reward so no appeal would happened. lamberth would do everything to complete this case. it's obvious. and don't forget it's a jurors case,not bench.
1.6B is the amount lamberth forced plaintiffs legal team to accept.
Prior to previous trial start, plaintiffs asked jurors to determine reward amount out of three options.
It's obvious,that everything possible is done to discourage shareholders: FNMA/FMCC PPS $0.40,
expected FMCC commons reward of 6-9 cents per share. The only positive that could happened - a minor impact on the FNMA/FMCC PPS. My guess,that recap and release could happened in 2025, if Trump wins. But it's also questionable, both Mnuchin and Calabria demonstrated total incompetence.
While a lot of investors are making decent money with the current market, FMCC commons shareholders are waiting for 6-9 cents per share reward.
I mentioned specifically that Jurors court decision cannot be appealed at All, except of when the serious violations of the law occured. As for the Bench court it's possible.
A lot of guys remember a popular movie "Wolf of Wall street".
It's time to shoot a comedy " Fannie and Freddie adventures".Anybody could come up with the list of actors.
Sandra Thompson is waiting on instructions from Treasury and wouldn't do anything regarding Fannie and Freddie.
Don't forget to mention 2008 crisis,that started it all, but FNMA/FMCC shareholders still pay for someone's mistakes:
The former Federal Reserve chairman, Alan Greenspan, has conceded that the 2008 global financial crisis has exposed a "mistake" which guided his 18-year stewardship of US monetary policy.
Alan Greenspan, admitted to a congressional committee that he had been "partially wrong" in his hands-off approach towards the banking industry and that the credit crunch had left him in a state of shocked disbelief.
Jurors court decision cannot be appealed at All, except of when the serious violations of the law occured.
Shareholders victory could have some impact on FNMA/FMCC PPS.
FNMA commons are not a participant of this court, and FMCC commons expected to get a reward of 6-9 cents per share,which means close to "zero" .Therefore nothing to worry about. I'm sure, that Lamberth doesn't want another court to happened in 5-6 month and would do everything to get it done now.
Therefore, 0.25 for FNMA could happened only in your dreams.
Only a blind couldn't see, how deprived are the FNMA/FMCC shareholders of the two most profitable companies in USA. What a shame! They think investors all over the world don't understand it?
Out of kthomp19 message:
With no restructuring it would take until around 2040 for FnF to reach their statutory capital requirements by just retaining earnings.
Congratulations to All FNMA/FMCC shareholders:.by 2040 a lot of shareholders woudn't be around,
and their families would have a miserable life.
And the second options conversion to commons, would make all the current shareholders look like a drop in the ocean.
Why the 3-4 week trial? back in 2022 it was announced that it's 2 weeks trial. Please clarify?
Sentencing would also require some time.
As agreed by plaintiffs legal team:
FMCC common shareholders reward amount (46 M) would be close to "zero": just 6-9 cents per share .
It's an amazing achivement!!!
What could to be clearly noticed is a disappearance of a "professional reputation" at lamberth court.
Plaintiff lawyers fee would be significant,
but FMCC common shareholders reward amount would be close to "zero" (6-9 cents per share). It's an amazing achivement!!!
FMCC commons shareholders, lamberth court reward would allow you to buy bottle of beer or ice cream.
lamberth would give 6-9 cents per share to the FMCC common shareholders. He wants to close this case finally. It's very good,that FNMA common shareholders do not participate in this court. Plaintiffs legal team needs to be replaced completely.
lamberth finally threw the shareholders a "fake" bone(see below):
FMCC common shareholders reward would be "peanuts",in the range of 6 to 9 cents per share. Plaintiffs legal team proposed that jurors would determine shareholders reward amount out of 3 options, but lamberth cancel it.
After the first mistrial plaintiffs lawyers should have demanded a different court and judge.
Correct
The Fisher and Reid Plaintiffs filed their reply yesterday. They tell Judge Sweeney she needs to look at the U.S. Supreme Court’s recent decision in Tyler v. Hennepin County and consider if that ruling abrogates the Federal Circuit’s ruling against Fairholme.
Shareholders asked Lamberth to ask prospective jurors two additional questions at the beginning of next week’s second trial. Lamberth entered a paperless order denying the request and indicating he’ll ask the same questions he asked at the first trial. Below please find these 2 questions.My understanding,that these are the common questions asked at any trial. Whats wrong with it?
And why this issue appeared at the last minute before trial started?
1.Do you have any strong feelings or beliefs, positive or negative,
about the stock market or investors who buy shares in companies
that might make it difficult for you to serve as a fair or impartial
juror in this case? __yes __no
2.In a financial dispute between the U.S. government, on one hand,
and a company’s shareholders, on the other hand, before hearing any
evidence in the case, do you think you might tend to favor either the
government or the shareholders? Yes ___ No___