Fannie Mae (FNMA)

[stockprofitter]

@timhoward717: Fannie proves Treasury cooked the books in Fairholme discovery

http://t.co/v8UTfqd0m8

Edit: 23 THOUGHTS ON “REDACTED RESPONSE IN OPPOSITION TO DEFENDANT’S MOTION (FAIRHOLME LAWSUIT): FANNIE PROVES TREASURY COOKED BOOKS EDIT 1: 12/19”

Digra Ivesaid:December 19, 2014 at 5:04 am
Question to Tim Howard !!
Based on what was told above on “50% reduction” on their books I can conclude it was intentionally done to bail both GSE’s by twice as much they need “to continue to operate”. It leads me to make my own approximate math that FnF could survive with $93 billions roughly.
However, I CAN’T accept an one simple detail – Why, during that period of time, does no buddy payed attention to such huge reduction on companies reports ?
May be there was a person who prepared different reports to executives of Fannie and Freddy, intentionally made two different copies that were signed and that person was payed by somebody from government organization to lie to executives.
REPLY
Frank Foscosaid:December 19, 2014 at 6:01 am
The fake financials were prepared by an outside goon for the gov bud and those have yet to be given. It kills the case for the DOJ. YOU CAN NOT ARGUE WITH FNF FINANCIALS SINCE THEY ALL LINE UP WITH RESL REPORTED. BEING FROM D&T myself you have the smoking gun once you get the fraud projections forced or a settlement.
You pick what will happen
Da!!!!
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Anonymoussaid:December 19, 2014 at 6:49 am
And that person who was forced to prepare false document was CFO of Freddie. That CFO was either murdered or committed suicide because of guilt of lying.
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Frank Foscosaid:December 19, 2014 at 7:45 am
Oh he was murdered but who wants to step in that mud.
They might have been signed off by a murdered CFO BUT THEY WERE created by a third party Goon.
Since the dead CFO can not be deposed it falls on the goon & the DOJ to back those up since they are now in direct conflict of FNF submissions.
skeletons in the closet don’t talk but create issues.
REPLY
Anonymoussaid:December 19, 2014 at 1:05 am
Is there anyone know Ackman just increase fmna and fmcc shares to his stake? Are they preferred or commom shares? Thanks