Replies to post #838984 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

I like your thinking, and have thought similar for a decade. Picture this. A thief gets away with a robbery (NWS) from shareholders for several years, finally gets caught and convicted. So the thief (US Government) goes to the judge and says,

"Oh by the way, I lost some money leaving a few billion at the bank we robbed. Your honor, may I have your permission to go back and rob shareholders of some more money by exercising the warrants?"

[DaJester]

I would LOVE for the warrants and SPSPA to be investigated. All the incriminating evidence is there I'm sure somewhere waiting to be unlocked. Now if after the Lamberth decision, Treasury wants to re-amend the SPSPA to have the dividend receipts re-stated as going to paying off the LP down to zero. And if they want to sell back the Warrants to the GSEs at the same "nominal" price they paid, I'd be ok with skipping the investigation and just move forward.

Overall, the Dilution Solution Nickel brigade has been awfully quiet. 🤑

[955]

Yep. Treasury statements on record. Thx for providing the backdrop. We're golden.
Like the threat of warrants used against us, we will always have the threat of 11k+ sealed docs hanging over their heads if they wish to try anything.

Nope. Treasury's warrants are worthless.Why? Because Treasury officials stated on the public record that warrants were demanded only to drive the price of commons to near zero, not to take ownership. Supreme court's Cornerpost decision clarifies that statute of limitations in suits against government actions begin when harm acruse. Not when gov took the action. Should Treasury be foolish enough to try to monetize these warrants it will start the clock for new lawsuits etc. Also, Treasury's actions regarding the issuing of warrants knowingly violate federal law. This could allow for criminal investigations as well. Latiesha James could decide to investigate the whole fanniegate under her authority under NYS Martin act if shares trade in NYC. Prior to SPSPA they were on the NYSE. She would have a case since they were delisted after the SPSPA. Martin Act predates the SEC for those who dont know and has much harsher criminal penalties than federal law
A bunch of dudes gave themselves 79.9% of common stock of GSEs for $78,000 in violation of the Charter Laws, to crash the common PPS. That is a malicious action that if monetized could allow lawsuits against not just the Treasury, but the gov officials themselves. Why do you think we are now hearing 30billion IPO? What happened to KT's 99.999999999999% dilution of commons by Treasury?