Saturday, November 04, 2023 7:23:06 AM
He talks about capital needs when there is still $7.4 billion Treasury Stock in the balance sheet reducing Equity and Core Capital in Fannie Mae. They are the stock buybacks to boost his EPS target bonus back then, hand-in-hand with the Accounting fraud he was accused of.
Surprisingly, in 2012 he was acquitted of civil charges by a DC judge (coincidence?) because there was no evidence that he had the intention to commit fraud. Huh?
I see 27 million reasons in this table:
I'm wondering whether his current blog about the Conservatorships was part of this kind of settlement with the DOJ, with the objective to rip off the shareholders and enrich the Treasury.
Besides, he should always disclose that he's a member of Berkowitz's legal team.
By the way, the Request for Input on pricing, was not about the Capital Rule and the Basel framework. It was about the recent LLPA changes.
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM