Followers | 6 |
Posts | 1388 |
Boards Moderated | 0 |
Alias Born | 10/08/2009 |
Tuesday, December 12, 2017 9:40:05 AM
I have a question about Dick's comments maybe someone here knows more? He said fannie's "common equity" was negative $132 billion.
What is he talking about here? It seems to be something very different from net worth.
He also said fannie's "total equity" was negative $9 billion. Again - how is this different from net worth and how is this determined? This does not include the DTA hit - he said that after the tax hit their "total equity" would be negative $19 billion.
He also made the comment that he believed that regarding the fannie and freddy net worth sweep at the end of December - this is something that "they are going to refuse to do". The wording indicates he thinks fannie and freddie will refuse to pay - not that FHFA or Treasury will refuse to ask for it. Does anyone else think they could/would do this? I suppose they could put the shoe on the other foot and tell Treasury and FHFA - go ahead and SUE US. Given how ineffective the courts are, maybe this would work.
And he did make a clear and concise point that the Obama administration's Treasury flat out lied. Good sound byte - I hope it gets traction.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM