Saturday, August 20, 2022 3:28:49 PM
Donotunderstand,
Simple Story that Plaintiffs have to tell court/jury:
FnF are 100% owned by the private shareholders. FnF were successful companies with adequate capital and positive cash flows to meet all their obligations. FnF were not involved in any kind of fraudulent activities unlike most other competitors.
POTUS, Tsy Officials , Fed Reserve, lawmakers, FHFA , all from Gov, actively worked together (Truckloads of evidence is available) to impair FnF with Gov conservatorship. FnF's unimpaired assets were written-off and unsolicited mafia style bailout was imposed with false promises to shareholders. When this did not impair FnF, another mafia style NWS was imposed to bankrupt FnF and keep it in limbo conservatorship for ever.
This was was all done with accountability to none and with no checks and balances.
Looking back, financial records clearly show that FnF never needed Gov conservatorship and Gov bailout. But after 15 years FnF are still under conservatorship and 100s of billions of dollars have been siphoned off without paying any off the company's bailout obligations.
If any private parties were to do the same financial crimes then they would have been facing serious consequences.
This should convince any one.
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