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Mathan22

06/07/14 11:05 AM

#223539 RE: big-yank #223521

With all due respect, the government gave the shareholders and public the perception that the third amendment was in place so that profits could pay down the debt quicker. When it was realized that it was complete theft, suits started to roll out.
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jeddiemack

06/07/14 12:13 PM

#223549 RE: big-yank #223521

LOl...


The conservatorship in its own right - was not unlawful. It was just unnecessary.

The actions once the coup occurred the behavior including giving away 80% of my shareholder value was not "conserving" it was pilfering. Especially since the fhfa gave it to themselves (or its alter ego - treasury - which is just part of the same beast)

Further actions including the delisting, the swipe and the accounting silliness makes what they did laughable and actionable.