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Again Same Prefs BS !!
Usual Prefs BS !!
Happy Day To Everybody !
Save The Time. We Don't Need The Prefs BS !!
About the Prefs "It doesn't sound illegal." The ROL-Guy is not always right as seen by several occasions and when compared To The Opinion of Judge Sweeney, Etc. and it means not because No Court Claim as yet that it should be legal, where usually Claims Made Just In-Time.
Sure, issuing Warrants is not illegal, contrary it's therefore often applied to grant Financial Commitments as Here at F+F, but some of the content is illegal and if exercised under the formulated conditions and We need to be aware of that.
For example usually the Exercise Price is the Av. Price of last 3-6 Months or so and at F+F we have the following :
-- At Friday Sept. 5, 2008 FNMA was $ 7
-- At Saturday Sept. 6, 2008 the entry into Gov's Conservatorship
-- At Sunday Sept.7, 2008 was SPS & CS Warrants Issued by FHFA with UST
-- At Monday Sept. 8, 2008 FNMA was about 20 Cents
-- But in all of this The Gov made the Exercise Price of Only $ 0.00001 per FNMA or SPS and that surely is illegal because for only $ 46 K get 79.9% Companies Ownership and That of Trillion $ Companies as One of The World Biggest and Most Profitable Companies, to be aware !
Judge Sweeney also therefore call it Mob-Like !!!
Until Today Seems No Sheriff In Town, No FBI and/or National Guards.
Because The Prefs For This, To Get Commons As Cheap As Possible For Its Conversions Dreams, where they even Dream to Get This Under Par-Value and all of this by Legally Voided Contracts at Buys after Sept. 5, 2008 - LoL
( See Conservator SEC Filing of Sept. 6, 2008 )
djboogie you're right, I many times was trying to explain that To Prefs, hurting anything of Fannie will hurt anything related, but . . . . . . . . .
I know it only from Fannie Transfer Agency that in the System for any Stocks, there is the space in the list prepared, but empty because until today None of SPS have been Issued As Outstanding, in Reality Do Not Exist !
At Freddie to assume the same.
Like this the SPS was only by UST with FHFA made for the too high 10% Dividends for The Gov To Profit even without Any SPS Issued as Outstanding in Hands and therefore is to assume that F+F after release will delete them.
IMO
More Prefs BS Not Possible !!
That it was US Gov's UST with FHFA Alone, All Gov's In-house Faked Fooled Made, Is Proven Fact !
Etc. Also By US Gov Mobsters Faked Fooled.
Even Courts Judge Sweeney mentioned it !!
But Some Have Really Problems To Know What Is Fact or Means Fact, As Seen.
Sorry, I was wrong, nobody is perfect, it's 100,000 FNMA Shares for One Dollar !
The Other $ Numbers Are Right.
That's How The US Gov Mobsters Made It !
The US Gov made 10,000 FNMA Shares for $ 1, by 80% of Fannie for $ 46,320 I Buy Them All - LoL
( Made By Gov Mobsters $ 0.00001 Per Share )
Simply, They did take down The Wrong Once !
No, the Gov as usually behind the scenes after quickly with Hanky Boy Faked Fooled New Standards by which F+F became Insolvent Undercapitalized by Assets Different Valuated, because before For Any Gov Takeover F+F was simply too good !
And when looking what else within 48 Hours, after Sept. 6, 2008 under pressure signed F+F not defined Conservation Confirmations, then We look at matters which Gov's Attorneys & Financial Consultants did take months and proved how The Traps At Best have been prepared By Gov's UST & FHFA.
Starting Date of Conservatorship is Sept. 6, 2008 !!
According SEC Filing.
Supplementary To Dividends :
As very unusual or also illegal to enforce request Dividends at Shares Not Issued as Outstanding, therefore not even exist and Not In Owners Hands !
How Gov's UST with FHFA for something never Pay-Purchased, could request 79.9% of F+F Ownership and This At CS or SPS Shares until today Never Issued As Outstanding and The CS Exercise Price set at $ 0.00001 Per Share ?
Or as very unusual, Illegal without F+F Approval, receiving Sharks Dividends of 10% instead as UST at Banks 2-3% ?
For reconfirmation of Gov's Shares Issued As Outstanding and Like This Existing In Reality, where they Not, call The Legal SEC Approved FM Transfer Agency, Tel. 781 575-2000 !
This only possible Because Collateral or Mob, with reference to the Initial Agreements Passus where is written for Gov's UST "provided for financial commitments", if really reading them ?
This Will Be Some Questions To Be Answered In Courts !
How something Gov's UST or FHFA never Pay-Purchased, Could Afterwards by UST Publications be declared Investments ?
Just to Fool the World and Taxpayers and/or To Off-Set The National Debt ?
How could Gov's FHFA & UST together "Inhouse" do CS or SPS titled "Purchase" Agreements where In Reality they did not Pay-Purchase anything ?
All This Without F+F Approval or Asking by Conservator !
Why none of Any Gov / UST CS or SPS Shares are Issued As Outstanding ?
So how could UST sell something they did never pay for ?
Mob ?
Legal Under Communism For Objectivity !!
Usual Prefs BS !!
The official Share Count is published for Anybody to see as also at OTC Market for FNMA of 1.158 Bn !
This even children able to see and know about.
But Prefs are blind and the brain . . . . as We know.
Again Prefs BS !!
Why To have a mix When Commons definitely The Better Profits Investments ?
Or for any safety, sure not Prefs from any Insufficient Capital Companies or effectively Without Valid Contracts as at F+F !
Exactly ! At for without price pressures MC is good at.
Again The Usual Prefs BS !!
Very Interesting ! To See 7 Big Institutional Investors by high % upto 19.8% added FNMA from Prefs and Only 2 Institutional Investors reduced FNMA by smal amounts of 0.14%
It Really Reconfirms The Present Rotation From Prefs To Commons As The Better Investments !!
Thanks Guido
Happy Weekend
LoLoLoL !!
Ur even very generous with The Prefs. Where We financially need to expect the clever or nasty way of F+F profiting from the Possible Momentum after release, by publicly reconfirming the deletion of Prefs Buys after Sept. 5, 2008 and instead Issuing New Prefs To Buy at Par-Values with lower Dividends % which to preserve The Par-Values may not even get traded at any Stock Markets !
Beside, Merger is not off the table with all usual Debts White-Outs possible.
Keep Dreaming. Bryndon Fisher and Sweeney is a much better reference for the contrary !
Instead Phillips or Gov BS Rumors.
Gov's SPS or CS Collateral Warrants will get Cancelled. The Warrants by some formulations and handlings illegal, for example there was never any purchase, etc. and They Even Overpaid !
MC last year at second Public appearance, mentioned the SPS Preferences are fully paid and would like to cancel them ( see video ), but then after with SM UST we got informed the SPS Preferences are Increased to off-set the Retained Earnings, Gov's total BS.
The Courts Resulting, as seen by Sweeney, will do the necessary corrections on this matter and the Gov's SPS and CS Collaterals will get Cancelled as to expect and Compensations to be paid to F+F for the legalities to become realities !
I'm with Bryndon Fisher and Sweeney in this matter.
Exactly ! Thanks Guido
It's principally useless to refer to Illegal Agreements with Fake Fooling words as for example Purchase, Etc. where noting ever got purchased or paid or Issued for. The same for The Faked so-called 79.9% Ownership !
There is no law existing that for Collateral the wording need to be used when for the same any description about is defining the same.
The Courts Will Reconfirm My Views & Legal Experiences.
In The Mob Fantasy Universe !
As a LOL for Sweeney & Co.
The word Collateral is not used, but the description of Collateral Purposes as mentioned before in My Post when reading the Agreements !
As Collateral can be anything as long The Parties agree with !
Additionally, the CS and SPS Agreements as Faked Fooled By Gov UST with Gov FHFA, in any Courts will have No Legal Standings !
NO, in the Agreements the passus can be found where is written "provided for granting financial comments" and that's also the same as FM Investors Relation confirms.
This is confirming The Collateral Purposes !
And generally as in the Banking Business for financial commitments receiving Collaterals from any Financial Receivers is some very Normal Act.
Mentioned "Warrants were collateral. Why Not exercise them ?"
By the Collateral Laws, when the purpose of collateral is fulfilled, as by Even Overpaid at F+F, then it's prohibited to exercise and the Warrant Provider has the Rights for free to request them back or cancellation of such !
The FHFA instead just being the Conservator with some remaining sayings or approvals of F+F, the FHFA instead did illegally Takeover the F+F. That's Why it needs Courts to correcting this Because the Gov itself is too stupid and/or Mob-Criminally oriented.
The too high Dividends of 10% for the Gov, where the Treasury at Banks requested only 2-3% for the same, by the Courts also need to be corrected.
Etc. Courts Corrections !
Don't Worry, This and 811 Just Unlimited BS !
Happy Weekend