Fresno Police Officer violated fifth amendment at a dui checkpoint.
On Wednesday, October 8, 2014 3:47 PM, I went through a checkpoint that i did not know until i enter through the orange cones and see a sign that there was a sobriety checkpoint sign. At that...
By: max xiong
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Fresno Police Officer violated fifth amendment at a dui checkpoint. - Video
NEW YORK (TheStreet) --Fairholme Funds is appealing a recent court decision that dismissed its lawsuit against the U.S. government over claims to the profits of Fannie Mae (FNMA) and Freddie Mac (FMCC) . Fairholme filed the appeal Friday morning in the U.S. Court of Appeals District of Columbia.
Fairholme, along with several well-known investors, including Perry Capital and Pershing Square Capital Management, owns a large stake in Fannie and Freddie Securities and holds the view that the government unjustly took the profits of the housing giants, in violation of the Fifth Amendment. The amendment prohibits the taking of private property for public use without just compensation.
Must Read: Ralph Nader Returns to Fannie and Freddie Shareholder Fight
On Sept. 30, a U.S. district court judge dismissed four lawsuits, including ones from Fairholme and Perry. The decision shocked investors and sent shares down some 40%. Fannie shares closed Thursday at $1.76.Perry Capitalis also appealing the ruling.
At issue in many of the roughly 20 lawsuits filed by various investors is a 2012 third amendment to the government's 2008 conservatorship of Fannie and Freddie, known as a "net worth sweep," which sweeps all the profits into the Treasury, leaving private shareholders with nothing.
"Fairholme believes strongly that the Net Worth Sweep -- imposed four years after the financial crisis -- was not authorized by the Housing and Economic Recovery Act of 2008 ("HERA") and must be unwound. Fairholme also believes strongly that the Federal Housing Finance Agency ("FHFA") has contractual and fiduciary duties to the preferred shareholders of Fannie Mae and Freddie Mac, and that these duties can and will be enforced," Fairholme attorneys wrote in their appeal.
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Fairholme Funds Appeals Fannie Mae and Freddie Mac Verdict
INFORMUCATE: THE FIFTH AMENDMENT
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INFORMUCATE: THE FIFTH AMENDMENT - Video
BATAVIA With no public comment, Batavia School Board members on Monday unanimously approved the retirement of Batavia High School social studies teacher John Dryden, who made local and national headlines last year when he instructed his students that they had the Fifth Amendment right not to incriminate themselves before answering an in-class survey about emotional and at-risk behavior.
We thank him for his 22 years of service, said Steve Pearce, assistant superintendent of human resources for Batavia School District 101, during the meeting.
Dryden contacted District 101 officials Wednesday about wanting to retire. Wednesday was his last day with the district.
On Friday, he formally submitted his retirement letter, Pearce said.
The District 101 board voted in May 2013 to issue a written warning of improper conduct to Dryden for his actions.
Before the board issued the notice, then-Batavia School Superintendent Jack Barshinger docked Dryden a days pay.
Jon Gaspar was the sole board member to vote no. The notice warned Dryden not to provide legal advice to students, among other things.
On Monday, Pearce said he could not discuss whether Dryden had broken any conditions of the warning.
Dryden was not at Mondays meeting, and efforts to reach him have not been successful.
Batavia School Board President Cathy Dremel said she was surprised by Dryden choosing to retire.
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Batavia teacher previously involved in Fifth Amendment dispute retires
The Fifth Amendment Please Don #39;t Leave Me Now
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By: Soulhawk
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The Fifth Amendment Please Don't Leave Me Now - Video