RickNagra
2 hours ago
The word โmemeโ comes from the Greek mimema, meaning something that has been โimitated.โ According to Britannica, the word was first introduced by Richard Dawkins, a British biologist, in his book The Selfish Gene; his intention was for โmemeโ to sound similar to "gene.โ In his book, Dawkins makes a direct connection ...
Wise Man
3 hours ago
Quit promoting the hedge funds' Roaring Kitty stuff with GME or AMC, for stock price manipulation.
All the stocks trade based on fundamentals.
Therefore, a NYSE placement would be necessary on day one that the Separate Account plan is unwound.
Forget the up 100%. The next day, 160%. Down 50%. 40% up. Down 20%. And so on and so forth, during months and always 40% below an estimated fair value, so they continue the stock accumulation.
With all the known paid shills lying daily with flawed analyses, as they are doing on this board. The Boat tomator, plaintiff Mr pro se, Bradford, Guido, John Carney, etc.
We have a Fair Value for each class of stock, for each scenario you can think of.
It doesn't need to be perfect.
Everything is fixed on day one with the necessary Reference Price and ISIN code change in the stocks, like occurred when we moved to the OTC Market in 2010.
Wise Man
11 hours ago
The FSOC Chair, Yellen, and FHFA's ST are criticized over on the #Fanniegate hashtag.
It seems that Sandra Thompson tailors for you a theme already sorted out long time ago, so you can pretend to be an active and knowledgeable official.
On Friday, the FSOC, presided over by secretary Yellen, aimed at addressing the Liquidity and Solvency risks posed by the nonbank mortgage servicers, requesting an authority of FHFA and GNMA, when it's already up and running since 2015.
FSOC CREATED A DIVERSION: NONBANK MORTGAGE SERVICERS
It requested an authority of @FHFA to address also Liquidity Risk: already in place too๐, so the banks' Liquidity/Solvency risk isn't fixed ($1T unrealized losses in Contingency Portfolios unaccounted for in Equity)#Fanniegate https://t.co/C5G4g3hOzp pic.twitter.com/9O5bXzQa0j— Conservatives against Trump (@CarlosVignote) May 14, 2024
And in the recent Senate Hearing, Senator Warren was in need of public recognition too.
.@SenWarren complains about the FHLBs' 10% mortgage assets initial membership compliance. It must be on an ongoing basis.
ST agrees:"I'll look into it"
FHFA 2016 Proposed Rule: 10% requirement on an ongoing basis. It opted out:"FHFA may revisit the issue in the future"#Fanniegate pic.twitter.com/G2ND4STTSG— Conservatives against Trump (@CarlosVignote) April 18, 2024
This way, they kick the can down the road with the important issues remaining (FHEFSSA Capital Ratios in FnF Basel-framework version, not their Net Worth that is pointless; and the Liquidity and Solvency in the U.S. banks with their hidden losses in their investments in debt securities, which are the eligible assets for their liquidity needs) and the economy is vulnerable, playing the Trump card with, once again, a cabinet that would be comprised of people specialized in buying distressed assets, like Mnuchin, NEC's Cohn and Wilbur Ross, along with his advisor, Blackstone's Schwarzman.
Wise Man
17 hours ago
The FHFA is pretending to be a regulatory Agency.
FnF are regulated by the Charter Act to begin with.
This is why the FHFA, pretending to be busy, came up with an out-of-the-box idea about Freddie Mac granting personal loans at a 9.5% rate with the collateral valued at all time high, just after the FMCC CEO with 30+ years of experience in mortgage finance, resigned (Fannie Mae is kept by the FHFA to continue the extortion), that has been posted on the Federal Register for comment, a few years after the banks stole from FnF the business of Equity loans authorized in the Charter Act, during the refinancing boon, in cash-out refinancings and in collateral-sharing deals ($2+ Trillion second-lien mortgages outstanding with the collateral owned by FnF should be repurchased). Both operations aren't the same.
Just like the UPMOST Regulatory Agency, the FSOC (the regulator of regulators), presided over by the UST, requiring Congress an authority of FHFA to establish standards for the nonbank mortgage servicers, when it's in place already since 2015 with regard to their Net Worth (and Liquidity).
The FSOC, thus, providing the alibi to the FHFA, in order to conceal that the FHFA is using also in FnF the Net Worth to measure their financial condition, instead of the capital metrics as per the FHEFSSA and the Basel Framework recommended for the release by the UST in 2011.
The S.E.C. providing the cover-up of the Financial Statement fraud in FnF, with the gifted SPS LP and its offset (reduction of Retained Earnings account) absent from the balance sheets.
This way, these regulatory agencies and the FSOC, want FnF to meet the capital requirements with SPS LP increases, which is what is now going on.
It occurs in the midst of a banking crisis, with trillions of unrealized losses in investments in debt securities in the banks that remain unaccounted for in Equity (flawed Held-To-Maturity portfolio), both Liquidity and Solvency risks, and therefore, vulnerable to a round of rumors by the usual suspects on the social media and financial news outlets that would trigger a bank run. Nowadays, they've been ordered to remain quiet, but this can change with a phone call.
Financial Agencies called "Prudential regulators" in a hearing scheduled for Wednesday in the Financial Services Committee.
Federal Agencies that have approved the product unbacked crypto, flawed product from the financial point of view because any security, like this token, needs fundamentals (a legal claim on some future amount: common stocks, JPS, bonds, etc. Or, a legal claim on a collateral with the lack thereof, like in tokens) and a scam to rip off investors. Then, they pretend to be hostiles over this product, with the prior crew that awaits orders repeating the slogan: "The S.E.C. chair and senator Warren are tough on crypto". Any token needs to be 100% backed up with something, otherwise it can't be offered to the public because you are selling hype.
The U.S. economy is vulnerable, which is the opposite of "prudential regulators".
Let's pretend. All fake.
Wise Man
18 hours ago
This is the excerpt taken from the 2011 UST Report to Congress, recommending g-fee hikes and what is commonly known as Basel-framework for capital requirements, for the release from conservatorship, at the request of the Dodd-Frank law.
Not only FnF have fetched CET1 > 2.5% of ATA on March 31, 2024, suitable for the redemption of the JPS (AT1 capital), but also FnF would comply afterwards, with the requisite of minimum 25% of the Prescribed Capital Buffer (Table 8) for the resumption of dividend payments, under the Separate Account plan in accordance with the law, that is, a normal conservatorship carried out secretly, and under the Charter Act (Low cost UST backup of FnF as a last resort, in exchange for their Public Mission; Enumerated Credit Enhancement operations and no more; Etc.)