Quote: “ This effect cannot be seen because FnF don't post on the Balance Sheet these gifted SPS and their corresponding offset with reduction of the Retained Earnings account.” End of Quote
NOTE 1 page 69 - The LP of the SPS increased to $195.2 billion as of the third quarter 2023.
So, you are telling us that the increase in the LP the Treasury will offset the $195.2 billion by adding back to the retained earnings of the company? Treasury cancellation of the LP and SPS and the company is fully capitalized? In other words the Treasury never intended to keep the money? As everything the Treasury has done will be legal?
The Treasury told us the reason for the warrants, their intention was never to take ownership.
Quote: “Furthermore, by design, the warrants were issued not to take ownership but rather to devalue the common stock.” End of Quote
Quote:” Driving the stock market value to zero prevents this manipulation from happening. ” End of quote
Quote: "Mr. Werfel then explained that it is important to understand the government’s intention. The intention was not to eliminate the ownership interests but to prevent current shareholder speculation resulting in speculators taking advantage of government intervention at the expense of others. Driving the stock market value to zero prevents this manipulation from happening. " End of Quote page 24
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