Monday, March 17, 2014 7:45:35 PM
I read clearly that Richard Bove' states that the federal government has broken the law and essentially consipired to rob the shareholders of Fannie and Freddie.
So, the Federal Governement is worse than MADOFF.
Now, what is the appropriate punishment for this behavior?
a. just release fannie and freddie. as Bove writes and keep the 200B in Snr Preffereds and 80% of the common?
b. release fannie and freddie. Cancel the warrants, and offset the repayments -v the money extended and call it 0 or pay back to fannie and freddie the excess?
I guess my question is ... what is the penalty for acting in this manner. If it were you the reader or someone else; you'd be doing a "stretch". What is the punishment?
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM