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Soles or Souls ?
Indiana is in Midwest .
As. Asked many times........
Any financial.records from government are be transparent and representational to taxpayers . Why the secret / protected documents ?
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Just read ZACKS prediction...... 55 million revenue and .07 eps. Emphasis lower revenue compare to 3q 2018_
PP had a combined revenue 0f $78 million for q1 plus q2. If they report $55 million for q3, that is $133 million for year. PP would need $102 million revenue in 4q to meet the lower end of projected revenue for year 2019. Not going to happen. WAS PP doing a con and re-enforcing the false narrative through out the year on revenues and four new contributing big deals ? Who were those 4 deals? Street scooter , DHL, Chem. Engie , Hamburg ?
Next week. October 30 , Fmcc reports earnings Fmcc needs 1.2 billion profit plus $14 billion over payment . That accumalated amount on the current $4.8 billion meets the required $20 billion to exist c-ship.
November 1 Fannie reports earnings.
Also, SC will announce disposion of Collins request to be included in the CFPD case..
Big week for FNF
Taking profits from a private company for social cause is unconstitutional. After c ship settled, next lawsuit should determine constitutional status of government forcing FNF private companies profits to subsidize affordable housing.
Think 5th circuit to file their opinion , which has not been completed last heard.
New Fiscal your and book entry effect .
The significants of Jan 2018 is telling us this was a letter constructed at a previous time prior 2018 , during Mel Watt . This policy was being drafted under Mel Watt . MC and Mooch just did some cut and paste. Add my other post for complete thought.
I apologize. That letter is confusing. It is saying
1. So FnF dividends to government are expected to paid in full.
2. If dividends are not paid in full ( partial payment or missed payment) , then treasury will confiscate the entire reserve that zero out immediately.
Ok, so FnF retaining all profits to build capital. FnF Retaining all profits means no dividend issued to government.
Is this a threat ? Does that after FnF recap , if resuming government dividend is not paid in full , then expect government to zero out FnF reserve ?
The key is the dates..... as a programmer you should immediately ask what is dates defining. What does Jan 2018 define..... the beginning of a boundary. It is a significant data fact. Hope that helps you get started decoding.
955 I remember that discussion. Forgot about it. Too many on this board too lazy to do own DD . Others think the event just started. Others just pure misrepresent. I forgot because ..... 11 years ago and memory banks 71 age. Thanks for the jog of memory
Obi , you referring to the pants ? Lol
Taking case was filed after Statue Limitation. Exactation was define as the harm but Greenberg for whatever reason did not file exactation claim .
Gov did ipo to public to help pay for Vietnam war. Shareholders paid for those shares. Gov stole FnF ownership in 2008. Study history before blabbing that shet. Do you really think the 5th would haves as they did if thought the government was entitled
That is an interesting point nev er engaged. We know FHA Ginnie both struggled.during Crisis and handle the worst credit risk.
DImon was a major force in letting Glass / Seagal act expire.
He really didn’t say anything. What he said was reform included FHA. Nothing happening until total reform that included FHA. Sounds like everything dependent on congress approving the FnF covering FHA risk.
Jamie DImon was Clinton’s right hand when planning deregulating WALL STREET and the subprime mess. This guy has no credibility.
So gov can give away your property or property value to satisfy a lawsuit to a different party ( in this case a different class of shareholders) Such settlement does not effect gov {who is responsible for the damages created ). Common shares did not contribute to preferred damage. But gov thinks it has right to destroy common value to appease Preferred damages against the government ? Keep in mind where does prospectus say preferred are entitle rights against common other than bankruptcy/recievership ?
Sogo the En Banc decision give shareholders right to pursue trials. The scope of that is .huge. If we don’t agree with all these gov p;and, the courts can not use that cover the court are excluded from acting. That is over and give shareholders leverage to fight the gov illegal acts as well as stopping IPOs, warrants exercise and preferred share conversion without shareholder approval. If shareholders view these actions not safe and sound for companies and shareholder value, we can stop through court sand sue for damages.
This is total ignorance on how finance works in the lending world. Most borrowers will refinance at least once or more in their lifetime. Banks and lending institutes love refinancing because most interest on loans is paid on the front end of repayment schedule. Every time a borrower refinances that front end schedule is started over . That is the money making portion for every lender and the major cost to the borrower whether the original loan or refinance loan.
Any arguement that implies banks don’t like 30 year loans is bs. Lending institutes spend huge dollars to get borrowers to borrow and refinance. That is the goal.
US Claims Court (Sweeney)
“ Gov has been arguing that without its SPS bailout all shareholders would have lost all of their investment anyway. So far it appears that Judiciary has conveniently accepted this argument “
You reference Gov meaning all Gov. PLEASE provide 1 case that argument was brought into discussion.
Gov never paid for wattants. Why in hell should we pay for something they never gave consideration?
WARRANTS WERE NEVER PAID FOR by GOV.
WARRANTS WERE NEVER PAID FOR by GOV.
9 tp 7 was the vote. Not all judges believe in constitution. Time coming to clean the scum out.
Agree, this presentation was the same paper written in March 2019. Nothing different. Basically the same bs to used in Senate meeting on Tuesday . Redundant bs to give appearance. Yes, no law in MAGA land. A nation of fools.
‘Time to sharpen pitchforks yet?”
Way past time ?
Show were they mention warrants. YFDA!
I thought courts already decided and in process of writing decisions ?
Research shows 101st Calvary and Marine Corps units in operation in that segment. Do you ID with Calvary or Marine ( both highly respected combat units) ?
Right back at you. I could look it up, wasn’t that Hamburger Hill ?
I was station Guam 1968. B52 Bombers flew out on Vietnam missions. I was there to conclude 18 month duty....
13 month combat duty with 3/3 Marines on DMZ . Then finished 1 month in OKinawa and 4 months in Guam Marine Barracks . I was there long enough to recollect my sanity from TET Offense. Was not ready for civi,ization at the time.
Reminder the overpayment I should add 2019 sweep payments . Simple recognition increases amount to $24 Billion.... not $16 Billion as some reference.
Capital sept 2008
Fmcc $24 billion
Fnma $46 billion
That shorter was the one and only John Paulson. Made $42 billion. He was the ace while there were others,
Even if true. Not enough reserves, they had enough assets to leverage for any cash needed.
Was their mention of hydro sales, adjusted revenues for remaining year ?