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Thanks for your response. Doesn’t paint a colorful picture.
What prevents receivership from happening, the next lawsuit?
Always thought Senior Prefers were insurance should F$F failed.
Will there be a return on 15 yer plus investment?
Amazing and again, impressive.
Do you think Govt would go this route, or risk another court battle? Also, do you believe a time-line has been drawn to end this saga?
What would that look like?
.. ‘at fair market value.’
Can you post this on Twitter? Excellent and a thought provoking question/statement!
That’s a wow factor - bless Their hearts.
I’m sure DeMarco was the deciding domino. I couldn’t help, but think of Dracula, when gazing at his Bela Lugosi eyes.
Yes, thanks.
Does anyone know how many jurors was for us?
Those monies (fines) did not make it back to the GSEs - correct?
Why?
Where do you suppose those monies, collected as fines, went and got used for?
‘Banks have been fined a staggering $243 billion since the financial crisis, according to a tally released Tuesday.’
Simply, Govt actions brought the issue, not the GSEs - 15 plus years of Govt actions continues to strangle GSEs business and Shareholder interests.
Wasn’t it Barney’s and his army that caused the implosion?
If these jurors don’t understand this, then someone needs to explain it to them.
Do what - recognize that Shareholders exists and should be compensated accordingly?
An outstanding question!
Thanks for the news Rick.
Just redeem them for the preferred value and then they can finish with the release plan(s).
Not so funny was that courts denied these suits to say Shareholders had no standing.
Too bad that lemon laws don’t apply to elected/appointees.
Maybe, just maybe, emails related to the bank deals that offered a reduction of what they owed if they gave donations to certain committee related organizations.
How much and to whom could also be be in the mix of documents that have sealed via the EO.
And why has no one put this info and amounts up for clawback court cases? One would think that those who are dancing thru the courts (on our behalf) and losing their case after case should have presented the settlement info - as far as I know, they have not.
Bizarre is a good word to describe this travesty.
Eaton Hall talks helped solidify their desire to eliminate any resistance to their takeover plans - get rid of those heavy investors, so they didn’t have reason to challenge c-ship.
Who would have believed that it would work so well for 15years. It’s doubtful that the profits that were transferred over to the Govt will ever be accounted for.
Sad to think that possibly, those same monies taken from GSEs are being used to pay for Govt defense against the Shareholders who claim ownership (thru contract rights) and the American People, who have been told that this was done to protect their interests from greedy Wall Street hedge funds groups.
Your observations are right on. If Congress is ready to make a real change, c-ship needs to end.
That remarkable that no one in Congress has raised so much as n eyebrow to these accounting errors.
If F&F were allowed to lobby, Congress would have rallied to help them get released.
Since there is nothing Congress members to gain to support a release, then why would they care?
Maybe Ano can help with that idea. I wouldn’t begin to know that filing process,
Good info for oversight committee- maybe they can feel the sting too!
Could someone who writes them include this pertinent pieces of info?
Couldn’t say, but I am sure that both recognized an opportunity.
Question is when will someone recognize that ending c-ship would be the smartest move to make?
It would be interesting to know what was discussed between Warren, Charlie and William regarding housing and net worth sweep.
Question, will He be a rubber chicken or a steak and potatoes guy?
Thanks for the links. I saw the team - only could tell that there was only the CIO as part of Company.
As for the letter of intent - any news when this to move forward?
How will they come up with the cash is unclear - signing over more stock shares.
Many questions.
Link(s) to fact check please
No FHFA/HUD oversight to prevent this? Ooh…Shareholders are the bad ones..Finance Committee hearings should be interesting.
Just for the taking - just like Maxine believes oil company products and profits are for the taking.
Re-write from spellchecking
Interesting, FHFA have the monies to redeem prefer shares but FHFA will not to redeem while GSEs still are in c-ship. With that being said, can it not be argued that FHFA has and still causes damages to Shareholders?
The mission for FHFA during c-ship was to restore GSEs to sound operations and profitability - has this mission not been achieved? If so, why can’t someone argue that the FHFA is a self-dealing agency that harmed the Shareholders (via 3rd amendment sweep) and being funded by profits of GSEs.
Interesting, they have the monies to redeem; however, FHFA claims not to redeem while GSEs still are in c-ship. With hat said, can it be did that FHFA has and still does cause damages to Shareholders?
The mission during c-ship was to restore GSEs to soundness (operational and profitability) - this mission has been achieved. FHFA is a self-dealing agency, funded by profits of GSEs.
Good question to ask your Representatives in your letters.
When you write, you should receive a respond.
A couple of questions that I would assume has been asked. I can not locate theses being asked. Have you?
How were any of these docs tracked? Were these signed out/over by agency or someone? If so, any unaccounted for?
Yes, I would agree, a mess (dumpster fire) is a word to ease The Peoples minds (blink-blink). If the word disaster is used, maybe The Peoples eyes will see thru what might be referenced as smoke and mirrors.
Just implement a time line to have FHFA execute the current plan for release to Shareholders and modify the selection procedures for GSE Board of Directors.
Wow, great post - I would give you a like, if iHub didn’t charge for that feature.
How soon does she go before the committee?
Yeah, it appears that no one cares to chase and arrest traitors.
Really wish iHub would add a like button