My thoughts exactly. All the directors that have left didn't leave because they were bad or not MAGA. They left because their part was done. They got things rolling and exposed. Then let someone else do the rest to drain the swamp as to not look like a vendetta.

Anyone figure out what the significance of June 9th is?

"SPECTACULAR"!! This is the best news I've heard in years! Justice isn't coming, it's already here. Drip,Drip, flood.

This shows the secret to taking down the Deep State. "Follow the money" is for real. The globohomos didn't bother to cover up what they were doing in the past because they always got away with everything.

Think about it. What if the Trump administration audits someone with a certain salary, and that person has large bank accounts, large houses, fancy vacations not accounted for by that salary.

The globohomos do NOT steal money to just stash it in a bank. They steal it because they want to lead lives of luxury. But the numbers just don't work when looked at closely.

Now, we understand, "This HAS to be a joke...if not it's a scandal!" David Axelrod. Obama said during his acceptance speech, that it was Axelrod's "strategy" for his election victory. He knows Bill Pulte will "decipher" that "strategy". "Trump Was Right About Everything!"

Confused, isn't Tulsi still DNI until end of the month?

This is a pleasant surprise. His involvement outta nowhere had me nervous; glad he's there for positive reasons. I do have a hard time remembering there are good guys out there, too.

June 9. First sealed indictment unsealed.

(crosses fingers...dances a little dance)

Interdasting.

This news gave me a flashback to a few years ago, something I sorta remembered, but not quite.

Had to look it up.

Bill Pulte is not the CEO of Fannie Mae, but he is the current Chairman of the Board of Directors of Fannie Mae -- just to be accurate.

That means he is the CEO's boss.

What I vaguely remember is that a few years back, the CEO at the time was accused of financial "irregularities," and Fannie Mae did not even report their quarterly reports to the SEC, which is required by the regulators.

I thought it was weird that a huge, government-backed corporation like Fannie Mae could not get their shit together so as to post their quarterly earnings reports. And the SEC gave them SEVERAL YEARS to skate on this, if I remember correctly.

The CEO at the time was Frank Raines.

Here is a snippet from Wiki:

On December 21, 2004, Raines accepted what he called "early retirement" from his position as CEO while U.S. Securities and Exchange Commission investigators continued to investigate alleged accounting irregularities. He was accused by The Office of Federal Housing Enterprise Oversight (OFHEO), the regulating body of Fannie Mae, of abetting widespread accounting errors, which included the shifting of losses so senior executives, such as himself, could earn large bonuses.

In 2006, the OFHEO announced a suit against Raines in order to recover some or all of the $90 million in payments made to Raines based on the overstated earnings, initially estimated to be $9 billion but have been announced as $6.3 billion.

Civil charges were filed against Raines and two other former executives by the OFHEO in which the OFHEO sought $110 million in penalties and $115 million in returned bonuses from the three accused. On April 18, 2008, the government announced a settlement with Raines together with J. Timothy Howard, Fannie's former chief financial officer, and Leanne G. Spencer, Fannie's former controller dismissing its charges. The three executives maintained their denial of the charges but agreed to the payment of fines totaling about $3 million, which were paid by Fannie's insurance policies. Raines also agreed to donate to charity the proceeds from the sale of $1.8 million of his Fannie stock newly issued to him by the company and to give up stock options, which were valued at $15.6 million when issued. The stock options however had no value.[citation needed] The OFHEO press release said Raines also gave up an estimated $5.3 million of "other benefits" said to be related to his pension and forgone bonuses. Raines denied that he gave up any such benefits or paid any money out of pocket for the settlement.

A 2008 editorial in The Wall Street Journal called it a "paltry settlement" which allowed Raines and the other two executives to "keep the bulk of their riches". In 2003 alone, Raines's compensation was over $20 million.

A statement issued by Raines said of the consent order, it "is consistent with my acceptance of accountability as the leader of Fannie Mae and with my strong denial of the allegations made against me by OFHEO".

The OFHEO charges were repeated in a class action securities fraud lawsuit filed on September 23, 2004, by the Ohio Attorney General on behalf of Ohio state pension funds and other investors. On September 20, 2012, Federal District Court Judge Richard Leon granted summary judgment to Raines and dismissed him from the suit. The judge noted that over its eight-year history "the parties produced nearly 67 million pages of documents, deposed 123 fact witnesses, and engaged 35 expert witnesses". Despite all of that discovery, Judge Leon found, "plaintiffs have not identified any evidence that Raines knew or, indeed had any reason to know, that Fannie Mae's accounting violated GAAP (Generally Accepted Accounting Principles). Further, plaintiffs have not identified any evidence that Raines intentionally misled investors through his statements concerning the implementation and operation of these accounting policies." The judge also refused to give any credence to the original OFHEO reports. He wrote, "the OFHEO reports were part of an effort to prepare administrative charges against the individual defendants and raise substantial questions of trustworthiness." (Memorandum Opinion September 20, 2012, Judge Richard Leon, United States District Court for the District of Columbia, In re Fannie Mae Securities Litigation MDL No. 1668, Consolidated Civil Action No. 04-1639)

In a settlement with OFHEO and the Securities and Exchange Commission, Fannie paid a record $400 million civil fine. Fannie, which is the largest American financier and guarantor of home mortgages, also agreed to make changes in its corporate culture and accounting procedures and ways of managing risk. The SEC and the Justice Department never brought any charges against Raines.

In June 2008, The Wall Street Journal reported that Franklin Raines was one of several people who may have received below market rates loans at Countrywide Financial because the corporation considered the officeholders "FOA's"--"Friends of Angelo" (Countrywide Chief Executive Angelo Mozilo). But the article acknowledged that it had insufficient data to confirm whether the rates were below market. He received loans for over $3 million while CEO of Fannie Mae. Raines has denied that he received any loan terms from Countrywide other than those for which he qualified based on his credit standing.

https://en.wikipedia.org/wiki/Franklin_Raines

I wonder if Pulte will go after this asshole, and the judge who dismissed the case despite more than 100 witnesses giving testimony.

He used to post on the Bobby stock board,he knows about all the stock shenanigans.