Let's discuss OUR (shareholders) money if the Govt wins in court.
F@F still didn't pay back a dime - only interest
F@F won't be allowed to pay back a dime in principal
thus no end to c ship whatsoever.
Could the Govt cancel our shares and didn't pay us a dime?
The government has no case so how do you propose they win in court? They proceeded as if they owned F&F but everyone knows that the shareholders owned it then and the shareholders own it now. The government illegally seized the companies which violated Constitutional law...plain and simple.
Exactly! *As if they own F@F* the Govt pocketed settlement money (I wonder where it go - towards Obamacare or to help deadbeats to buy a house?) - clearly the settlement shall go toward paying the principal off
Very embarrassing situation at least.
10% forever interest (no balloon!) while I can take a mortgage for $4.3%
If I milk a neighbor's cow I'll be in jail
What's wrong with my judgment? I believe I am very wrong here.
The Govt is smarter than average schmuck
Probably they secretly amended that F@F are in r-ship and we have no rights?
Sure the government could do that..they could also drop a nuclear weapon on New York City, and both would have similar consequences. The bomb would destroy everyone all at once, and the stealing of shareholders money would not only "blow up" existing homeowners (how would anyone sell their home if their market is limited to people with 20% down?), but investors as well. Who would invest in America again, if the government just sees fit to confiscate Shareholder funds?