Off-topic. Guido always driving us to the wrong claims:
-Govt theft story, instead of a Separate Account plan.
-The Warrant only once it's exercised.
-Economic sense of the CRTs.
-Shareholder's rights.
-Now, individual rights or Human Rights, after Hamish Hume hired the attorney Rebecca Musarra recently, and President Biden was portrayed as a tyrant.
The FHFA has always been liable for its actions, including now acting as conservator.
Our rights are protected by the conservator when they were transferred, and it's using them as I write this, necessary to fulfill its statutory mission.
Currently, multiple felonies of statutory breaches are solved with the announcement of the Separate Account plan, but the ones related to Securities Law violations can't be solved.
The DOJ is, thus, vicariously responsible for the payment of Punitive Damages for any emotional harm, that serves also as a settlement of the 7 Securities Law violations by the FHFA, not 8 if it's considered that the charge on the Income Statement of the SPS LP increased for free, for $0 EPS, is correct.
All of them make it a compelling case for an all-in settlement, and the payments are voluntary. No need to file lawsuits.
The corrupt Fanniegate attorneys might be thinking of a confidential settlement of the Securities Law violations with FnF in the Lamberth court (now illegal parties without powers) only with them, and then, portray themselves as Human Rights advocates. They are to blame for the emotional harm caused with their frivolous lawsuits. So, nice going and pay damages too.
The other violations are:
1- SPS LP increased instead of SPS issued, aiming to skip the December 2009 deadline on purchases in the UST's temporary authority regarding the high yield SPS (2nd UST backup of FnF inserted by Pelosi/Calabria's HERA).
2- SPS LP increased for free absent from the balance sheets (Financial Statement fraud)
3- A charge in the 1Q 2020 Income Statement of Fannie Mae, when there was no SPS LP that had to be increased.
4- Stock price manipulation with the Separate Account (Likewise, its necessary counterparty in the conspiracy, the corrupt litigants and the accessories with the Govt theft story in court, books, articles, letters and GSE slides and the crackpots on social media)
5- Dividend payment out of unavailable funds for distribution with Accumulated Deficit Retained Earnings account (part of the Separate Account)
6- The value of the Warrant in 2008, was credited to the Additonal Paid-In Capital account (it's only debited)
7- CRTs, illegal in the Charter's Credit Enhancement clause. And, if it's the UST the beneficiary of the CRT expenses, barred in the Fee Limitation clause too.
The Equity holders are entitled to 3 rounds of $4.8B in Punitive Damages, already commented how it was assessed:
-Against the DOJ for the 7 Securities Law violations.
-Against the DOJ for the accounting standard chosen with the Deferred Income.
-Against the plotters peddling the Govt theft story in formal documents (court briefs, books, articles, GSE slides and letters, etc.), and their accomplices on social media.
