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Re: Robert from yahoo bd post# 743943

Monday, 01/09/2023 1:53:07 AM

Monday, January 09, 2023 1:53:07 AM

Post# of 867284
Only the mobsters expect a day in court, after the corrupt plaintiffs covered up the key statutory provisions, like:
-Restriction on Capital Distributions (dividends, etc)
-The conservator's Rehab power.
-The fee limitation in their Charters.
-The special borrowing right from Treasury in their Charters.
Besides that a dividend is only paid out of available profit for distribution in a Retained Earnings account, with deficit since the first quarter of conservatorship.
So, it wasn't a true dividend payment but a capital distribution that we applied towards the exceptions to the Restriction on Capital Distributions mentioned, both in the FHEFSSA as amended by HERA, and the July 20th, 2011 (time limit for the Acting Director, DeMarco. Coincidence?) 12 CFR 1237.12.
A Separate Account plan FHLBanks-style, versus the SCOTUS's flawed interpretation of the FHFA-C's Incidental Power (shameless omission of part of the sentence, like judge Sweeney. Members of The Tipp-Ex Gang) to satisfy the shocking MOB's narrative: "FHFA can do whatever it wants", that is, FHFA not subject to any law.
The financial concepts have a meaning. Playing the fool is not an option.
Fanniegate is a pure Administrative resolution, primarily because it begins with a refund of $125.4 billion due to FnF ($110 billion SPS overpayment, plus $15.4 CRT expenses, net) and a posting of $183.3 billion as Retained Earnings, regardless that later on, in a Taking, the full Retained Earnings is distributed back to UST as a dividend to fund the Taking, along with their Deferred Income that was amortized into earnings in one fell swoop. All in, the UST only has to put up $49.5 billion out of the ill-gotten money, and the outcome is a windfall of $76 billion corresponding to the Deferred Income, before subtracting the loss with the CRT expenses, depending on whether they are funds syphoned off to UST as I believe, or a loss if it's money extorted out of FnF to Wall Street under the guise of a CRT market (scam).
The Congress is for the final touches, if any.
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