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Re: YanksGhost post# 629902

Monday, 08/31/2020 7:38:41 AM

Monday, August 31, 2020 7:38:41 AM

Post# of 797260
The FHFA has no say.It's been relieved of its powers, charged with dereliction of power: put FnF in a sound and solvent condition. Cover-up of provisions in the law, like the Restriction On Capital Distributions, fiduciary duty breach, etc.
This is why the Congress will step in. Notice that the current law FHEFSSA's CONGRESSIONAL FINDINGS, state that the enterprises "pose low financial risk of insolvency" and also that "the regulator should have autonomy from special interest groups", which isn't the case with a FHFA under the orders of Moelis, John Paulson, Blackstone, Morgan Stanley and their new puppet, ACG Analytics.
Of course, if you force any enterprise to write down its DTA and you change the accounting standards for the previous Incurred Loss accounting that ballooned the losses with provisions for future losses that never came true, it falls undercapitalized, but it only proves that it was a regulator-led insolvency. ALL FAKE.