Fannie Mae-No Politics (FNMA)

[Wise Man]

A Conservatorship for the rehabilitation of financial companies can't end up with people pleading the 5th amendment of the constitution, like this corrupt litigant that just seeks to be in the limelight, turning himself into a savior:

We are trying to save the companies

In truth, he is a government shill because it's what the government wants, so it buys our stocks out at prices of 2008, turning a Conservatorship into what wasn't declared back then: Receivership.


Calabria even renamed the Conservatorship "administrative bankruptcy". Bankruptcy is a different status for Debt restructurings, which was NOT what has happened and you can't use a Conservatorship to inflict a bankruptcy in FnF, because you'd be incurring in a federal felony, by depleting their capital (either through a Separate Account in accordance with the law, but refusing to unwind it later, or with unauthorized CRTs (STACR, CAC, ACIS) which is forcing insurers to purchase insurance, illegal in the Charter Act. It began with the illegal PLMBS that lacked enumerated credit enhancement, thinking that purchasing CDS insurance will do it. Double Charter violation).

This is about the financial rehabilitation of FnF. The reason why a Conservatorship is established in the provision for Critically Undercapitalized enterprises and the prior FHEFSSA had MANDATORY release Undercapitalized: Core Capital greater than the minimum Leverage capital requirement, before being struck by Calabria's HERA. They have to build capital anyway. FHFA-C's power: May put FnF in a sound and solvent condition. With "may" being an authority of FHFA, and imperative in statutes once the capital has been generated. The whole conservatorship can't come down to playing the fool with the word "may", when laymen would say that "may" is a choice, instead of being a way to give some leeway to the conservator to carry out activities.


Like many hedge fund managers behind Fisher, along with their "unsophisticated lawyers", Berkowitz's attorney David Thompson told us after stressing that he "is not a regulatory lawyer, but a litigator", thinking that now, he has a free pass to play the fool and don't recover even $1 of core capital with "SPS, repaid. 10% dividend despite the restriction and the original cheap UST backup. Cash refund", unaware that a posting in the Retained Earnings account is also necessary if FnF sent core capital to Treasury (dividends, a distribution of Earnings -Core Capital-), not simple cash. Making noise in the market when they turn themselves into Shareholders' Rights and Human Rights advocates (Hamish Hume hired Rebecca Musarra) (laughable), along with his clerk, Guido, all day crying out loud that the government has stolen the money, instead of being deposited in a separate account, reinvested in zero coupon Treasuries. Theoretically. Which means that no one cares if then, they've been "siphoning $301 billion of their (Common) equity for projects not funded by Congress", which is what happens when someone buys zero coupon Treasuries. You don't need to shout out loud that later, the government invests the proceeds in federal programs or "pet projects". You just track the amount due, which is what we are doing.
Just like the bailout of the FHLBanks for the repayment of principal of RefCorp obligation in a separate account (Literally the name of the statutory provision. 1989) , extended in FnF for their Recapitalization, as expressly written in the CFR1237.12 (a capital distribution is authorized -Capital is depleted-, to meet the capital levels -Build capital in a separate account-. HELLO). Second time that a Separate Account wording is written in regulation/statutes, this CFR in the July 20, 2011 Final Rule.

All of them working hand-in-had with politicians and officials.
Senator Sherrod Brown: "The conservatorships are being very profitable for the taxpayer", as I heard from him in a hearing live, clearly acting as counterparty for Guido's daily tweets: "We've been robbed!".

Then, the "Equity restructuring" guys, Pagliara and Bradford, all day with "recap and release", which is more of the Govt theft story mentioned before, for stock price manipulation ($402B core capital shortfall over minimum Leverage capital requirement, plus the dilution from the Warrant)

Evidence that they all have acted together aiming to deplete capital in FnF, seeking later stock offerings for the Private Equity lying in wait, so that the FHFA tailors for them stock offerings at rigged prices (utility model).

There is a 6-box checklist to assess Punitive damages against those writing about FnF in formal documents made publicly available online, regardless that they begin with "To my partners..." or "To my fellow shareholders...."
3 more boxes to determine the extent of their involvement in Fanniegate.