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Did Judge Lamberth make a mistake….
The fifth -- and FINAL -- opinion of the day: What is the meaning of "mistake"? SCOTUS answers that question in the context of Rule 60 of the Federal Rules of Civil Procedure. That's the rule that allows you to get relief from a judgment against you if the judgment was faulty.
— SCOTUSblog (@SCOTUSblog) June 13, 2022
they were scared mice when they ruled on GSEs, now they are not because they know democrats are doomed.
All politicians and political parties are corrupt
It's the sad common man who is fighting against each other and sometimes killing each other for their leaders
They are all taking care of their bank accounts and giving great public caring speeches
Wish people realize that
All of them, not just 99% of them. All 100%
I Agree And I'm In $FMCC
The problem is spineless Supreme Court justices who have thrown their weight behind corrupt Congressional legislation rather than the Constitution and Bill of Rights which they took an oath to defend, conserve and protect. Traitors by definition. This is what you get when there are no term limits. Career politicians bent on power and control. Current admin guilty of the same. Constitution, Bill of Rights NOT absolute Biden says. All 3 branches guilty of treason while DEMS & REPS alike stand aside and do nothing to stop it. ALL ARE GUILTY. What are "We the people" going to do about it? Our fate lies in our hands. Jan 6 repeat needed except on a much larger scale. 10's of millions.
Agreed. Courts are better but it's not gone our way ever. So admin inaction is our next choice
Generally the way it works is an escalator up in price and a elevator down. In this case only catalysts are admin action or court ruling.
Keep posting only way to get this board started.
Make FNMA a read only and FMCC a write only message board option
Trunkmonk will take good care of you :)
Looking forward to the BHATTI FMCC hearing.
I'm in the same shoes, looking for another home until my 1 post a day thingy expires.
FMCC
Hoping this board stays this way. calm & quiet. Otherewise my only option is to go to the FNMAS board, which is a haunted house pretty much.. I can establish my new home there
It is going to either be a long climb back to 1.00 or zoom there in a day if some meaningful court results or cship exit news hits... Otherwise they will make sure they peg us here at this price
My new home....Make yourself comfortable
Congratulations on your Mod appointment! May the 1st Amendment flourish here.
"Another Obama/Biden scam in legal trouble was when they allowed the Federal Housing Finance Agency (FHFA) to steal the retirement savings of hard working Americans who had invested in Fannie Mae and Freddie Mac. In a recent ruling, the Supreme Court has recognized that my administration was denied the ability to oversee the work of FHFA in violation of the Constitution."
"The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the Obama/Biden administration."
"It has to come to an end and courts must protect our citizens."
OBAMA/BIDEN IS SOCIALISM AND A WRECKING BALL TO OUR CONSTITUTION AND COUNTRY. Kremlin officially announces threat to target western cities with hypersonic nukes capable of reaching London and US within minutes. Obama/Biden suffer mental illness and unfit for duty.
"One of President Putin's closest allies has warned that Moscow could target western cities if Ukraine uses rocket systems supplied by the United States to carry out strikes on Russian territory," -UK Times
President Joe Biden announced this week that his administration was sending long-range missiles to Ukraine. US wouldn't tolerate missiles on their doorstep in 1962 Cuban Missile Crisis. Why should Russia be expected to now?
https://www.thedailybeast.com/margarita-simonyan-top-kremlin-mouthpiece-says-russia-is-being-forced-into-using-nukes-in-ukraine
Are you implying this is all part of the restructuring process leading up to release? One last takedown so elites can buy in? Lamberth giving Gov ample opportunity for release before dropping the hammer of jury trial?
Yeah they have no clue about anything. Just a bunch of rookies with zero experience in investing.
Posted elsewhere.
Good info for some preferred’s or analyst, who thinks they have credentials to give stock advice or just repeat the same thing everyday. Do research in GSEs before investing, opinions should be ignored.
Dunning-Kruger effect, in psychology, a cognitive bias whereby people with limited knowledge or competence in a given intellectual or social domain greatly overestimate their own knowledge or competence in that domain relative to objective criteria or to the performance of their peers or of people in general.
As our illustrious leadership keeps on reiterating, our freedom documents (Constitution, Bill of Rights, Declaration of Independence) are NOT absolute. Floodgates have been opened. Is anyone really surprised by this? Been screaming about this for years, but keeps falling on deaf ears.
Some don’t have a clue what restructuring is let alone what happens to commons. Follow the money not the Wiesels.
Inflation outlook, large FED rate increase, DOW 900 point plunge dragging down entire US economy. Thank Traitor Joe/Socialist Obama for $40 BILLION gift to fund Ukrainian Nazis among many many other destructive policies. This is solely on terrorist DEMS and do nothing REPS. Yes, TERRORISTS. Deliberate and intentional for the purpose of ushering in one world Gov.
Nah just wait till it starts back up
As the shorting continues and if you have the Bxlls then average down. I’ll buy another 10k chunk @ .50 and every .5 after that. Maybe this is a drag down to buy in before trial ?? There’s no reason for the increase of volume and sudden drop of you look at the chart.
Agreed, mods on the other board are total nazis.
What worries me most is a president who is subverting all our rights as citizens of the US. Traitor Joe has violated his Oath-of-Office by stating, "no Amendment to the Constitution is absolute". He stands ready to dismiss all our rights as citizens through executive orders.
I read from someone in a provate group chat that you sold commons. Figured id ping you directly as that is hard for me to believe
Ps permanent bumpkin bladder bloating, like clockwork. GSE position looking much better. Dad must be proud.
Attorney in Rop vs FHFA: "Fannie Mae common shareholders are not included in the class because the Court dismissed all claims brought on behalf of Fannie Mae common shareholders. The only claim that the Court allowed to proceed is one for breach of the implied covenant of good faith and fair dealing in the shareholders’ written agreements with the GSEs. Unfortunately, Fannie Mae common shareholders do not have a written agreement, so they do not have a viable claim for breach of the implied covenant."
Something seriously wrong here.
Attorney in Rop vs FHFA: "By some strange quirk, Freddie Mac common shareholders have a written agreement governing their rights that Fannie Mae shareholders do not have."
Imagine that.
So, we have no rights. How many other stocks traded on WS do not have this written agreement governing their rights? Since when is a written agreement required. Biden stated this week that the Bill of Rights is not absolute. That's our DEM (REP too since they don't speak out against it) party. Anyone else hear that giant sucking sound?
so easy to be corrupt in government,
note to my future self….
most definitely… this guy fckd up everything
I'm talking over the course of the conservatorship. They knew the nws would prevent any recap.
This is just shaking the tree. No news based. Inwouldnt look at the volume too much. If someone wants to dump, they don't have to show their hand. They can easily unload it over a period of 2 months if needed instead of taking a 25% further dip in their loss
No one knows precisely but the insiders knew this wouldn't be going anywhere because they had premeditated the conservatorship action and nws. So of course the price wasn't going to go up unless there was a change in action.
The 65c question is where next and will Ps fantasies about commons come true while there own claims fall apart? Even though they are stuck in receivership land it’s current price for any shares is pitiful.
Commons dumping today.
I came over too, what am I looking for?
Big drop for an up market day and no bad news. 8%. No it’s not a buy because it can happen again. Wait for it.
Hm, looks like I didn't miss any BOOM! Who said I missed the 70 cent BOOM?
In Collins, it seems like the trial Judge will have quite a bit of latitude for damages IF they deem it appropriate. Any idea which Judge in the 5th Circuit will oversee the trial? Aren't 2 other separate federal circuits deciding the same issue as Collins and damages if any?
I'm sure the losing party will appeal.
If 2 or more federal circuits are split on the final outcomes, wouldn't the SCOTUS have more motivation to grant certiorari?
With the remaining major litigation still out there, this could take some time...
Lawyers are business people too, David Thompson may need to add a convertible Porsche for his Summertime driving pleasure ?? !
If we eventually turn up snake eyes rolling the litigation dice, I still think it might be worthwhile to challenge HERA as unconstitutional under the Void for Vagueness legal doctrine, but I haven't spent much time on it as the pending litigation has more time to run.
In the meantime, GSE "retained earnings" are building up at approximately $6B to $10B per quarter.
It's a good opportunity to regenerate this board for a better more factual discussion on the gses. The disgusting mods on the other board are deranged and dumb. If we post on this board and post links to the other board to direct people to this board it may generate some interest from the smarter posters.
I read your post on FNMA board regarding coming to FNCC board for better discussions. So here I am reading posts here.
I followed this chain of post. Seems like posts in this chain are from December and lots have happened since then. What is left for us?
Remand will take time. Attorneys don't care about anything except billable hours.
Not all Preferred series are included.
Amul is one of the best judges. Very fair and no bs.
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