Replies to post #764191 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

It is easier if we suit the NWS terms. “I am afraid you cannot afford the 10% dividend. So, I will waive it. Instead, I will collect quarterly all you have including all your future income/earnings perpetually. (So you can never repay your debt.)”. Simple, the terms itself is illegal. Instead of 10%, it becomes everything forever. What a genius !!!

[trunkmonk]

conflict in your message,

This whole conservatorship has been a breach of law and trust and fraud pulled over the courts and public and shareholders.

with this statement, which is true, legal action is the way. The issue has been a focus all wrong on greedy receivership type approach by Preferred cases which have mostly been lost.
the victory this week is a watershed moment, but this truth seems to elude the preferred mind who thinks Par and restructuring, and why your leader TP is just that, TP in the mens room getting flushed from almost all sides. breach of law cases are the next step, not the old laser focus in supreme court where everyone gets lost in the weeds. If i had much more free equity, i would create a real case and distance myself from the amateur hour of Preferred point of view. actually kinda perverted point of view that promotes everyman for himself and greed. commons just want rule of law, and ownership back that was theirs to begin with. instead of weird restructuring and capital stack BS, that stems from receivership dreams, focus on breach of law and fraud, people can see this, so can judges. get off the attacks on commons in order to reap a reward you dont deserve you would be far better off.

[Wise Man]

Bradford's disregard for the law is a crime of Making False Statements and, if it occurs in court, additionally, abuse of court process.
First you claim:

no court is enforcing the concept of equity dividends being illegal when the companies are undercapitalized in conservatorship

But inadvertently, you immediately after told us the reason:

I do not think any legal action has challenged the cash dividend payments to the spspa 2008-2019.

Duh! You just incriminated yourself and the rest of your gang of plotters, who peddle the Government theft story in formal documents: articles, books, court briefs, financial analyses, letters, etc.

The corrupt litigants have covered up a material fact, which is the Restriction on Capital Distributions in the FHEFSSA as amended by HERA, since day one. A Prompt Corrective Action in the subtitle C of HERA, that bars any dividend, today's gifted SPS and the payment of securities litigation judgments.

We have used the exceptions to this restriction in order to legalize every action taken by the FHFA-UST gang, in what has been known as the Separate Account plan that resembles the FHLBanks' 1989 bailout by Congress, with their statutory provision entitled: SEPARATE ACCOUNT, for the repayment of the REFCorp obligation with the taxpayer. With FnF, it continued to their recapitalization according to the CFR 1237.12 and the FHFA-C's Power. The same officials back then: DeMarco (GAO and UST) and Sandra Thompson (FDIC) who arrived just in time to make the UST buy a $30 billion RefCorp obligation (the maximum authorized in the law) with an initial maturity of 40 years, for an investment (RTC) that later had to be written down and the UST lost the $30 billion invested at a 10% interest rate. A 0.299% spread over Treasuries at the time (GAO report). With FnF, applying a 0.5% spread over Treasuries according to the Charter's cheap UST backup, the cumulative dividend rate on SPS was assessed at a weighted average of 1.8% in the UST's 5- and 6-year investments in SPS of FnF. Now they want FnF to make up for their losses. Low profile officials that thought that the FHLBanks only had to pay interests (source) and not the principal of the obligation, when the statutory provision SEPARATE ACCOUNT says otherwise. Source.
For which we request penalities on the plotters that sum $4.8 billion ($1.94 per $50 JPS and Common Stock). The same penalty on the hedge funds plaintiffs' counterparty, the DOJ, for Punitive Damages.

What's next Bradford? The Rule of Law is old and tired?
It turns out that accountability is an essential part of the Rule of Law.