Saturday, December 16, 2023 1:07:09 AM
This is why he repeats that only the court news will move the share price, when it's precisely the opposite. The corrupt litigation has tumbled the stock price because it didn't recover even $1 of regulatory capital, out of a $400 billion capital deficit over Minimum Leverage capital requirement in FnF, shamelessly concealing that what FnF sent to Treasury is regulatory capital (dividend, a distribution of earnings), not simple cash, as we saw when they simply requested a refund of $29 billion is cash. FnF have tonnes of cash on the balance sheet, but a $400 billion capital deficit.
Therefore, it's all about sophisticated investors like Fairholme, Perry Capital, Pagliara, Hindes, Ackman, etc, along with rogue attorneys, playing the fool in order to conceal the reality of a Separate Account plan.
Timothy Howard:
Either with actions, like covering up the key statutory provisions and financial concepts, or with inactions, like not challenging the Warrant as part of their negotiation with the DOJ, consisting in sharing the booty:
-Increased capital needs in FnF for stock offerings that secure them an annual return on investments.
-The assault on the ownership of FnF with a swap Preferred Stocks for Common Stocks.
This is why a penalty for Punitive Damages against both those peddling the Government theft story and their counterparty in court, the DOJ, is of supreme importance.
DOJ's Mooppan, illegally taking the role of Solicitor General:
Also taking into account that there are many known sponsors behind their actions. For instance, the sponsors of the Moelis Plan: John Paulson and Blackstone.
Then, the role of the multiple shills writing on social media must be addressed as well, because it's no longer a simple opinion "free speech".
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