Mr. Pittenger: So you feel that you have been adequately directed? $FNMA Demarco @USTreasury

https://timhoward717.files.wordpress.com/2014/12/121814-redacted-response-in-opposition-to-defendant_s-motion-to-stay-all-proceedings-2.pdf

note that exhibit G is freddie board minutes from june 2012.

lol, red handed.

we can't see that, but we can see..

exhibit A: grant thornton forecast assumptions

exhibit B: forecast, no need to do a net worth sweep. and estimated profitability with higher g-fees, can't say that i understand line 16 of page 11, how does that ever decrease wit hthe third amendment net worth sweep?

exhibit C: look at how the pspa is wound down to $16B by 2023.

so where exactly is the need for the third amendment net worth sweep coming from?

could it be that the USTreasury is running the show?

https://thetruthaboutfannieandfreddie.wordpress.com/2015/01/24/chairman-hensarling-the-committee-will-come-to-order/

Mr. Demarco: "The Treasury Department is the senior shareholder of Fannie andFreddie. I consult with them a lot on these things and I believe the Administration needs to speak to itself with regard to the specifics of what I have laid out, but I believe I have a good relationship with the Administration in talking through these issues and in indicating to them the direction that, as conservator and regulator, I believe it is useful to go, and I benefit from the feedback I get from them."

"Mr. Pittenger: So you feel that you have been adequately directed?"