Question: Are you the kind of guy that screams at the little neighborhood kids who run on your front yard grass? I just had that visual about you...lol.
Obviously, the suspension of capital classifications didn't affect the Restriction on Capital Distributions, continuing with the last point laid out yesterday contending that it didn't affect the FHEFSSA section Capital Classifications, because this statutory provision was placed by HERA at the end of this FHEFSSA section, as shown below.
Neither they are "FHFA guidelines" nor it affected this section, yet we see how Howard, a member of Fairholme's legal team (in the comment posted by @stockanalyze that I was replying to), claims otherwise in what looks like a last-minute desperate attempt to avoid crippling penalties for having gone to the SCOTUS as amicus curiae to claim that the SPS are non-repayable securities, because his comment comes out after years spent simply covering up this basic Prompt Corrective Action (along with the rest of his gang: the DOJ and all other plaintiffs and the company peddling the government theft story). A Restriction on Capital Distributions that anyone with a minimum knowledge in Finance knows beforehand, so it doesn't need to be written in a law, and whose exception (reduce the SPS), that continued with the CFR 1237.12 exceptions that supplemented the prior exception (for recapitalization), are the grounds of the Separate Account plan, in the FHFA's best interests. A $4.8 billion penalty on each counterparty (DOJ - government snitches) will do it.
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