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Cross-Roads crossed decades back, this on going shet didn’t start yesterday.
Thank you for your attention to the settlements. If I may add, many of those settlements included a monetary commitment to liberal interest groups beyond what was paid to FHFA. YOU MIGHT SAY “Good Will” annually.
2 President elections in 7 years. Dangerous times upon us.
Sweeney has oral arguements in August ?
From Illinois, just heard Trump took money from China tariffs ( hundreds billions of dollars) and bailed out farmers. So if farmers can be bailed , why not use those streaming funds to repay all the money and damages to fnf shareholders ? I think the courts should be aware of this stream of undistributed funds. Do not want to hear no money .
Bs. That executive order was announced by Paulson and confirmed by Bush. Anyone can confirm this through media source at that time or on going court cases.
It was in the All Media in October 2008.
Thank you for reminding me of these material facts. Hope k19 reads and associates correctly. I will add that gov used FnF to bailout extending $30 billion unemployment benefits in 2009.1
They were so insolvent that bush gave executive order to buy $40 billion per month of bad loans off tbtf balance sheets. And they were in so;vent they were able to pay back gov principle and interest within 4 years plus.
Thank you Letgo.
Compound interest on principal would increase quicker .
Yes, and you were going to sell at 3. You didn’t so you have no credible complaint.
Was not the Fed deal all done except union signing off?
It is like you say “just your opinion”. Everyone has an opinion, so how does your credibilty exceed others ?
Isn’t the Collins case about constitution / powers that exceed those of President and the right to commit cart a blanc crimes and illegal acts by agency. To say that is ok is insane . We have no property rights , no due process , etc.. Follow that path will lead to blood in the streets.
In the news release , the release stated the company generated $25 m annual revenue. The deal is closed, so revenue should appear on 3q numbers, maybe some on 2q. Assuming.
Agree, it is bs that shareholders have to take him to court to obtain material information. He never pays loan...just roll over into higher loans when revenue increases. He is floating on escalating debt on a loan never paid. And, issuing new shares to dilute current shares. Keep in mind this will continue until it don’t. Very bad business model. Time to get off this train.
I believe the line was FnF would be allowed to retain capital in 2020. Words from MC when speaking. A “plan” was to be available in June. Last spoke , MC said “hopeful a plan is available “. So, not sure a plan exsist, but hopeful a plan is available in June .
Yank why would DeMarco do a press release when Paulson and Lockhart were driving the car ?
FnF Delinquent accounts were under 1%. While tbtf were running 20% plus. End of argument. Delinquent are a measure of Underwriting being performed and the solvency of that business.
From German Logistics Magazine "Taggespiegel Background" i the article about Street Scooter supplying 100 fuel cell vans to DHL powered by 26kw fuel cells supplied by Plug Power. It is copied and pasted from the article:
"Chief Technology Officer Schmitt von Streetscooter added that in drivetrains with internal combustion engines, the powertrain was worn out after 300,000 to 400,000 kilometers. The rest of the car was still good, but economically it was the end. That's different for e-cars. The fuel cell can be used according to his information 20,000 operating hours . After a refresher, another 10,000 hours are allowed before a new cell has to be installed. The fuel cell in the street scooter has a power of 26 kilowatts and comes from the US manufacturer Plug Power ."
On Yahoo Financial PLUG Conversation Board. Yesterday messages. Follow the brick road. Or do a search on site of key words. Works ever time.
Yahoo board has complete article on Scooter. It mentions Plug as supplier of FC.
Is that the same plan Otting claim was sign by all the “group” in JAN 2019 ?
Bravo ! Well said !
Sweeney made this point at the beginning... “when will gov /FHFA release fnf from conservatorship ? “ inquiring when will FnF have repaid and be released from cship. Good question and gov had no respond on date. Most contracts have performance dates. Why didn’t 3rd amendment have a reasonable performance date to end cshi. ?
Ackman is majority shareholder, by law , he has to represent a fair unbiased position for all shareholders not just for his benefit . Missteps could result in lawsuits against Ackman by shareholders.
Lamberth stated “no shareholder ripe cause warrants not exercised “. What you do not understand or bs you spin does not matter. Issue was dismissed under Lamberth for not being ripe for shareholders.
Trial could free all documents and financials. Could mean financial records are in play. Everything comes into play. Watch those audit firms. Some crimes will be exposed and someone going to jail. The Trial May be very enlightening.
You sir should exercise your right to choose your words carefully. This is just the beginning.
I say been a lot of that on both sides..... especially the Omegos from P board.
You hit on the nail..... FnF start a new company. Gets around being chartered mandate to spend FnF profits on Social policies for greedy entitlement folks we know who they are. Is that policy unconstitutional ?
If one wants truth and facts , one needs 11000 secret documents and accounting audit. Too much guessing what was and what wasn’t. This was well planed thief and deception to divert by many in goverment. I look for the courts to rule and democrats blaming Trump for the sweep as a election strategy . Lol.
Not hard to figure out share count. You can add income included to your dividend by doing “out of the money options” when FnF reinstated on nyse or nasdaq. A .05 premium per share every week for 52 weeks is lot of income added. $2/$3 dividend plus $2.40 a share from options income accumulated
Past Annual.Dividend was $2 . Talk about maybe $3 .
Very good post. These points had not been seriously considered how restraining on any current forward administration (MC and SM). Court decision comes first.
Someone posted a completed history on each judges party , President appointed , date appointed, etc. in the last few days. 11 republic and 5 democrats and 1 unfilled seat .
JosephS , HERA is constitutionally illegal ...... it requires FnF ( 2 private companies ) to pay from their profits social programs that benefit a select interest group. So the guy that wrote the law had no idea what he wrote or did he ?
Dated Jan 24, 2018.
Never below $.19. There was a low $.05 that never traded at that price. Strictly paint job.