Replies to post #728025 on Fannie Mae-No Politics (FNMA)

[Brooge warrants cancelled]

what kind of resort has poor internet connection?

nice tweet to carl icahn

lol

[stockprofitter]

major boom for newbies to understand

thanks bud

[Hvp123]

Ave prior 20 day price comes to $26

[Guido2]

Attached are closing prices for Fannie Mae & Freddie Mac commons for 20 days prior to award of warrants. Nowhere close to 100,000 shares for a single $.

https://finance.yahoo.com/quote/FNMA/history?period1=1218153600&period2=1220745600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true

https://finance.yahoo.com/quote/FMCC/history?period1=1218153600&period2=1220745600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true

[kthomp19]

FHFA gifting Treasury 79.99% of these two corporations for a measly $72,600 is a $46 billion fraud at the very onset of conservatorship by their own definition.

What existing court case alleges fraud? If there is one, post it. If not, see my signature line.

How do you calculate $46B anyway? The Washington Federal plaintiffs only got to $41B, and not only does that include all of Treasury's actions (not just getting the warrants), it also includes junior pref shareholders.

How much do the corporations lose if the warrants are exercised?

Nothing. In fact, they gain $72,600.

I've lost over a million$ in stolen dividends already.

How do you calculate that?

You can't attribute that supposed loss to the warrants anyway because they haven't even been exercised yet.

Don't care about share price unless I'm buying or selling.

That's irrelevant. In any takings claim filed over the warrants or a senior-to-common conversion, the court will care about the share price.

[Wise Man]

It's funny that you talk about the WARRANT's fair value, because it's a security that was issued for free. Thus, its value was debited from the shareholders accounts. Additional Paid-In Capital account. Our pockets.
$2,304 million in the case of Freddie Mac
$3,518 million in Fannie Mae.
Now, you want FnF to buy back that security that the UST got for free.
The Warrant prospectus doesn't talk about the fair value of the warrant, but the fair value of the common stocks, in order to calculate the number of common stocks purchasable upon exercising the Warrant. It says that the fair value of a common stock is their Market Value, calculated with an average price of the prior 20 days. Of course! The Fair Value and Market Value are different concepts and you can't say that the fair value is calculated with the average market value. This is only for purposes of exercising the Warrant.
The Fair Value of the common stocks, in truth, with looming 6 charges of securities fraud and multiple breaches of the statutory provisions (the secret plan), is calculated with an Adjusted EPS. So many efforts to commit dozens of illegalities, and later a guy with a laptop calculates an ADJUSTED EPS, adjusted for all the illegalities. ROFL.

The Warrant is a security issued as compensation to UST. Then, it's barred in the Charter's Fee Limitation clause.
Because the illegality is ongoing, we look further in the law and see an Authorization of UST to Purchase Securities.....(iii) to protect the taxpayer. Then, it's been determined that it's an illegal security to protect the taxpayer. That is, a collateral of the only UST's investment in FnF, the SPS.
The SPS were repaid under the exception B to the Restriction on Capital Distributions, in 2013 and 2014, in the case of FMCC and FNMA, respectively.
Information that we use now to determine what's the cumulative dividend on the SPS that the UST is entitled to. A 79% common stock ILLEGAL collateral, is a hell of a lot of collateral. All the collaterals are meant to reduce the borrowing rate. Then, the dividend rate is established at 0%, down from the "rate similar to Treasuries as of the prior month of the purchase" in redeemable obligations (SPS) established in the original UST backup seen in the Charter.

Pagliara directed you to write about the Warrant and cover up the statutory provisions.
The internet link of the Warrant prospectus in the UST website http://treasury.gov/press-center/press-releases/Documents/warrantfrec.pdf , no longer works. So, even the UST has scrapped any trace of its existence, before the Fanniegate trials commence. This is how confident the UST is, about the legality of the Warrant.
As a reminder, the clause 2.1 of the prospectus, authorized to assign the exercisable shares of the warrant, to any Person: Blackstone, Morgan Stanley, Blackrock, etc.
THE ASSAULT ATTEMPT ON THE OWNERSHIP BY WALL STREET.

[Wise Man]

A dividend suspension is the only thing that we can't complain about.
And you claim:

I've lost over a million$ in stolen dividends already.

Good Lord!
The dividend was impeccably suspended for undercapitalized enterprises. In the U.S. and in China.
What we have to complain about, is the Net Worth syphoned off to UST every quarter, either through dividend payments or now with the SPS increased for free.
That is what prevents the stocks from trading at their fair value. That is, our only economic damage.
Once the Secret Plan is unveiled, according to the Law, the Net Worth (Retained Earnings held in escrow) is returned and our economic damage redressed. Then, moral and punitive damages arise.
Even in the case that FnF have now accumulated an enormous pile of core capital above the Capital requirements that mark the threshold to resume the dividend payments, we can't complain (in court) about this dividend suspension, under the conservator's authority.