Fannie Mae-No Politics (FNMA)

[Wise Man]

Hedge fund manager Donald Trump is a worst-case scenario.
A 99.9% dilution of the common shareholders.
The former POTUS showed us his true face when he promoted the farce of "Equity restructuring" in his letter that came out of the blue, restructuring peddled also by the hedge fund manager Bill Ackman in his Pershing letters, with "re-privatization" for the conversion of SPS to Cs, exercising the Warrant for the sale of more stocks to the hedge funds, plus more stock offerings to build capital, as today they want us to believe that FnF have a whopping $402 capital shortfall over Minimum Leverage capital requirement, after 15 years in conservatorship.

Donald Trump laid out his investment case in a letter written in November 2021 addressed to senator Rand Paul, when no one asked him for his opinion.
As commented yesterday, the SCOTUS didn't require a statement from Trump as hedge fund manager today, but as POTUS:

Suppose that the President had made a public statement expressing displeasure with actions taken by the FHFA Director Watt

.
It turns out that, as POTUS, he did the opposite. He praised him in a Real Estate convention in the video posted yesterday, which would go to the detriment of the plaintiffs, this is why he rather play dumb and write a letter for their court case that was seeking constitutional damages for not being able to fire Watt before.
Letter:

The Supreme Court's decision asks what I would have done...

Now, subject to a felony of fabricated evidence, when it was used in court by the attorney for Mnuchin's buddy Berkowitz, David Thompson.


The attorney D.Thompson will be indicted as well for this case. Not only for fabricating evidence,

Former President Trump recently made such a statement in a letter,

but also because his claim of damages was a big lie, contending that the "for cause" removal restriction prevented the Wonderland scenario of both, Treasury getting rich with SPS LP increased for free and, at the same time, FnF are recapitalized, from happening sooner, firing Mel Watt. That Wonderland is a big lie, as FnF are not recapitalized due to the offset attached to the SPS LP increased for free (reduction of Retained Earnings), as seen with the initial $1B SPS LP issued for free (debited from APIC at the time, now APIC account exhausted.)
Currently, this effect is concealed when these gifted SPS and their offset, are absent from the Balance Sheets (Financial Statement fraud). So, collusion with the FHFA-C and the FnF management and BOD.
Therefore, Mel Watt didn't cause any damage and the reality is that Watt-Mnuchin were colluding to the same end, a Machiavellian Conservatorship, as seen when they amended the PA on December 2017 after my warning in a tweet, contending that the SPSPA would be illegal as of December 2017, because the 3rd PA amendment reduced the "Applicable Capital Reserve" (minimum Net Worth authorized) $600 mll per year, from $3B with the 3rd amendment. Which means that, as of December 2017, the minimum Net Worth would be $0 (the rest swept to UST), when the Charter requires the management to have always a minimum Net Worth, without specifying more.
This way, the 4th PA amendment put $3B "Applicable Capital Reserve" back on, and FnF were compelled to increase $3B the SPS LP. A one-time handout but it was the first time that both the SPS LP and its offset, were absent from the Balance Sheets, that later continued with the 5th PA amendment on September 2019 increasing the "Applicable Capital Reserve". Additional increases as of the January 2021 PA amendment, currently in place, till the ACR reaches the capital requirements ("Capital Reserve End Date"). Hence the attempt by the plotters to meet the capital requirements with the Net Worth, instead of with the statutory and regulatory capital metrics: core capital, Total Capital, CET1 and Tier 1 Capital.
Yes, you read it right. My tweet on December 2017 prompted the 4th PA amendment.
Ackman in the same Pershing slide, peddles this lie as well: "FnF continue to build through retained earnings", for which he has to pay us Punitive damages (stock price manipulation with a formal document)