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Donotunderstand

11/28/23 11:44 AM

#776085 RE: Barron4664 #776079

Barron

I think I followed that step by step

yet - I need to ask

What about paying ????dollars in dividends from profit as earned - (a lot of money!) violates the below

The determination if funds are legally available is based on the statutory definitions in the Safety and Soundness Act not the SPSPA.

why would profits not be legally available ??
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LuLeVan

11/28/23 12:43 PM

#776096 RE: Barron4664 #776079

So as Wise Man Carlos likes to say all of those funds given to Treasury must be held in escrow...



LOL. The money the government received from the NWS has long since been used to cross-fund Obamacare.

How can funds that have already been spent be held in escrow??