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Saturday, December 09, 2023 6:40:27 AM
-SPS increased, instead of issued.
-Gifted SPS absent from the balance sheets.
-Etc.
8 in total.
The fact that FnF are represented in the Lamberth court, when they don't have powers, which means that they don't exist under the Rule of Law until they are returned, can only be explained if they expect that, with the release from Conservatorship, these parties could fetch a confidential settlement with FnF.
In 2016, the auditor of Freddie Mac, PwC, agreed on a confidential settlement with several plaintiffs, where the terms were kept from the judge. This phony case was a trial balloon to stage that everything would be OK with all the felonies accumulated.
PwC has been on the news lately. At Mr. Crow's luxury resort and appointed to the BOD of Fannie Mae. Can you imagine that it was the same PwC executive?
PLAN OF ALLOCATION
The shareholders waive their claim to damages in the case of takeover or "as is" scenarios, with regard to the Securities Law violations/Punitive damages, and the round prompted by the Deferred Income accounting.
The plotters (plaintiffs, sponsors, etc) have no escape: $4.8 billion due.
So, one out of three rounds.
In the case of Takings plus Resale scenario, the shareholders request 3 rounds of $4.8 billion for the 3 damages.
On the other hand, the JPS holders' claim remains the same in the 3 rounds. So, they could get an annual 0.75% IRR on a JPS par value in interests, for these 15 years of lies "in the best interests of the Agency" (FHFA-C's Incidental Power).
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