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Re: bradford86 post# 669397

Wednesday, 03/10/2021 10:27:01 AM

Wednesday, March 10, 2021 10:27:01 AM

Post# of 796696
That's false. The law says that the Capital Distributions are only allowed to repay the SPS (HERA's Restriction On Capital Distributions. Exception B) or their recaptialization (2011 FHFA's 12 CFR 1237.12 (1))
If the Govt says that it's not what it's doing, more than $300 billion funneled to the Treasury must be returned and the plotters brought to Justice.
You are telling us a childish and low-profile story of bank robberies and thieves and I'm telling you the statutory provisions.

It seems that you don't want the JPS' dividend be earmarked for their recapitalization, but that's basic finance.