Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The $191B advance from the US Treasury was largely the result of non expense accounting charges mandated by the FHFA.

The Plaintiff Shareholder Attorneys in Lamberth's trial did a great job explaining this to the Jurors and the esteemed accounting Expert Witnesses were some of the best I've ever seen.

Read this Amicus Brief from Tim Howard from the 2019 Collins USSCT case to understand WHY THE $187B is a bogus number.

http://www.supremecourt.gov/DocketPDF/19/19-422/154595/20200922104336414_Amicus%20Brief%20of%20Timothy%20Howard%20for%20Filing.pdf

https://www.supremecourt.gov/docket/docketfiles/html/public/19-422.html

"II. A COMBINATION OF TEMPORARY AND
ARTIFICIAL NON-CASH ACCOUNTING
ENTRIES IMPOSED BY FHFA FORCED
THE COMPANIES TO DRAW $187
BILLION IN SENIOR PREFERRED
STOCK FROM TREASURY...........................19

III. THE FEDERAL PARTIES IMPOSED THE
NET WORTH SWEEP IN AUGUST 2012
TO ENSURE THAT INCOME FROM
REVERSALS OF THE COMPANIES’ NON-
CASH ACCOUNTING EXPENSES
WOULD BE TRANSFERRED ENTIRELY
TO TREASURY, PREVENTING THE
COMPANIES FROM REBUILDING THEIR
CAPITAL.........................................................24

CONCLUSION ..........................................................27"