InvestorsHub Logo
Followers 21
Posts 4110
Boards Moderated 0
Alias Born 01/29/2017

Re: YanksGhost post# 588096

Monday, 01/20/2020 4:28:19 PM

Monday, January 20, 2020 4:28:19 PM

Post# of 795828
"The fact is that coercion would be very difficult to prove when the boards had been at the helm of a 90% share price decline in the prior year, the default rate and foreclosure rate were skyrocketing and an independent study by Morgan Stanley revealed heavy loss risks and even Barrons, a highly respected business media was citing risk of bankruptcy to the GSEs."

Did foreclosures and heavy losses happened only with FnF or most other private FIs also?

Overall Share prices declined for all the companies and market liquidity froze but FnF were not in any default risk.

Besides there is well document mob like conduct by Hank and Wallstreet team. FnF board never requested any Gov help and also resisted Gov takeover. After imposition of conservatorship, there is well documented forced asset write offs and mob like bailout/investment. In the end there is NWS as ultimate mob action. Besides bureaucrats have fought hard to keep the conservatorship documents hidden from public as if it is a super secret national security matter.

Can any judge or jury looking at these events, ever think that there was no mob like attack and coercion?