and it will take years before they ever reach the ludicrous cap requirements provided they don't need to draw on these funds in the event of a downturn. Hence, c-ship is HERE TO STAY
Bradford is concealing the Securities Fraud violations because he is part of the conspirators. FnF don't record the SPS increased for free on their balance sheets in order to not post the offset when these SPS are debited from the Retained Earnings account.
Thus, the retained earnings is wiped out every quarter.