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

Re: kthomp19 post# 594590

Thursday, 02/27/2020 12:47:14 AM

Thursday, February 27, 2020 12:47:14 AM

Post# of 795698
"What evidence do you have to support your claim and contradict what Judge Sweeney said? How is Treasury a controlling shareholder if they have not exercised the warrants and the seniors are non-voting shares? Notice that she said "Treasury did not control the Enterprises because it could not direct any action", so she already disagrees with the argument that FHFA has just been following Treasury's orders.
"

1. Why would FHFA Director say in the the Bloomberg interview that he will leave it to UST to decide on shareholder matters?

2. In case of FnF conservatorship there is conclusive evidence to prove that FHFA and UST worked together as part of US Gov to harm private sharehodlers interests.

3. Why would White House asks UST and HUD to come up with a plan to end conservatorship if US Gov is not controlling conservatorship. Why was FnF wind down a part of US policy under Obama Adminisitration. Who authorized wind down of FnF?

Like this there are many instances where UST officials and FHFA have acted together unlawfully as part of US Gov. So it is really US Gov that has fiduciary duties to private shareholders under various laws. BTW conservatorship was imposed on FnF under US laws, so US Gov owes to private shareholders that they are treated fairly.

In the end it all depends on what happens to private shareholders.