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Welcome to Venezuela. Maybe a new Speaker can get us back on track, an anti-Pelosi type.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170877691
50c is better than 35c
well it held. up 9c. all the talk about IPO again, largest in history, commons out. guess what, when any stock goes from OTC to real exchange, they offer shares at whatever they want when the do so, and it will be above 5, and no commons will be lost.
Up 4c, Ps are livid, and out in numbers.
Yeah, 3 cents. Too bad market won’t close by noon. They almost always give up gains in afternoon.
Realistically this is post new year market buying.
But we up half penny. Let’s rock. Lol.
Agreed. We are no longer a Constitutional Republic. That went out the window decades ago. We've been hijacked. We are now a corporate fascist dictatorship that promotes murder, perversion, censorship, theft, climate change farce, lying, election fraud, bioweapons, wars, etc., etc. Both sides of the aisle are in on it.
only if the fed continues to raise rates.
This is what I've been thinking and saying for a few years now, here and in other forums.
Is the govt. waiting to have (or creating) another housing crisis so they can blame F&F and then take them down?
Is the conservatorship an excuse to keep them on a short leash and then rein/reign them in when the poop hits the fan?
It’s not hard to see what the JB admin are doing! It’s just setting up for another 2008 with there lax lending laws
SM is busy lousing money in fintech they are down some 20% to 30%.
maybe in 2023 he will louse another 50%, oh well.
https://www.bloomberg.com/news/articles/2021-09-20/trump-treasury-secretary-steven-mnuchin-raises-2-5-billion-fund
NOBODY followa FREDDIE Aanymore
HERA is NOT lawful legislation. They can spin it anyway they want. It was crafted by banksters who know nothing about Constitutional rights. It is un-Constitutional. Judges know it and Congress knows it. Who are you trying to kid?
In Reply to this message by kthomp19
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170706496
Yet another unelected mafia bankster bureaucrat assuming an elite role in housing finance. Add her name to the ever growing list. Treasury now a for profit agency. Gary Gensler now Director of SEC. Note his name at the bottom of the venn diagram below. We've come full circle. Investing has turned into a vehicle for transfer of wealth to the banks. But that's OK, all in the name of Affordable Housing they say! Revolving door spinning faster than ever. Will we ever learn?
Sorry, I don't encourage seekingalpha rats, GB comes to mind.
FMCC
Lot of untruths in that article. Words very carefully chosen. Reviewed by forked-tongue Gov officials before release. Refuse to be manipulated by these traitors.
This Is The Most Po$itive Article Posted In A Very Long Time….
https://seekingalpha.com/article/4564323-fannie-mae-stock-solid-value-in-case-of-eventual-reprivatization
That wouldn't surprise me. The $32T came from the US Debt Clock. Gov centralized crypto is their ultimate goal as it dramatically simplifies manipulation and tracking. Haven't seen that movie. Will look for it. Thanks.
Story coming out FTX was major source of money laundering for the DEM Party and SBF was shielded by them and was a major contributor if not the largest.
32T isn’t the real figure !!! It’s over $120T factor on all the Governments commitments!!
Right now last week on a pod cast it was stated the USA is at 120% GDP the US is slowly going Bankrupt!!
They will dump the dollar for a Gov crypto coin ( centralize currency) so they can track your every spend ! Sounds formula ?? Watch the movie ( total recall) the Gov controls everything!
This is why we're so far in debt, $32 TRILLION. Banks love it, more interest for them at taxpayers expense. Protect the taxpayer??? Hogwash!!! Who's being paid off by TBTF banks to implement these wreckless spending policies?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170663056
Spot on. If there's one redeeming characteristic that defines DNC today, it's theft. Maxine Waters, Nancy Pelosi, Obama's, Clinton's are about as crooked as they come. Alabama voters warned us all of this when Clinton was governor there. Not that REPS are that much better. They allowed DNC to get away with it. And George Bush, a RINO, falsely imprisoned the GSE's, the grandest theft of them all.
If one sees what happened, Sam gave most if not all the money to those in the DNC Party. Look at all those in the DNC who got money from Sam.
Yet another unelected mafia bankster bureaucrat assuming an elite role in housing finance. Add her name to the ever growing list. Treasury now a for profit agency. Gary Gensler now Director of SEC. Note his name at the bottom of the venn diagram below. We've come full circle. Investing has turned into a vehicle for transfer of wealth to the banks. But that's OK, all in the name of Affordable Housing they say! Revolving door spinning faster than ever. Will we ever learn?
HERA is NULL and VOID as it was crafted by mafia banksters, not Congress. It is INVALID legislation. Stop treating it as law. It is not.
https://archive.nytimes.com/dealbook.nytimes.com/2013/05/23/banks-lobbyists-help-in-drafting-financial-bills/
But Kevin McCarthy is going to read The Constitution on The House floor in an attempt to earn more bennies from the TBTF banks who are in full control. Even Biden's speeches are totally scripted by them. As if that is going to accomplish anything other than further pacify a fast asleep populace.
More Treasury Obstruction blocking release of critical documents to Congress.
Biden family has 150+ ‘suspicious activity reports’ but Treasury ‘obstructing’ release says House GOP
President Joe Biden pauses as he delivers remarks on Protecting Access to Reproductive Health Services in the Roosevelt Room of the White House on July 8, 2022, in Washington, D.C.
(Yuri Gripas/Abaca Press/TNS)
NOVEMBER 22, 2022 RYAN MORGAN
The recently announced House Republican investigation into President Joe Biden and his family’s business dealings will focus, in part, on at least 150 banking suspicious activity reports (SARs) allegedly related to the Biden family and their business dealings. The new investigative effort comes after the Treasury Department, under Biden’s control, has refused to produce the records after previous Republican requests.
In a Thursday report, Republican lawmakers described several evidence and whistleblower testimony suggesting President Biden had knowledge of his family’s foreign business activities. The report also said “Committee Republicans are aware of the existence of additional evidence implicating the Biden family business ventures in suspicious activities but have been obstructed in our attempts to obtain that information.”
“The Department of Treasury is in possession of at least 150 Suspicious Activity Reports (SARs) related to Biden family members’ financial transactions,” the Republican report states. “Despite numerous formal requests by Committee Republicans to review those SARs, and despite
decades of precedent of Treasury making SARs available pursuant to congressional requests, the Biden Administration changed longstanding policy and now refuses to produce Biden family SARs or to make them available for Committee Republican investigators’ in camera review.”
These SARs are records produced by banking and financial institutions file with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) whenever there is a suspected case of money laundering or fraud.
A FinCEN guide to SARs describes several suspicious behaviors for which SARs may be used, including:
*a lack of evidence of legitimate business activity, or any business operations at all, undertaken by many of the parties to the transaction(s); unusual financial nexuses and transactions occurring among certain business types (e.g., food importer dealing with an auto parts exporter);
*transactions that are not commensurate with the stated business type and/or that are unusual and unexpected in comparison with the volumes of similar businesses operating in the same locale;
*unusually large numbers and/or volumes of wire transfers and/or repetitive wire transfer patterns;
*unusually complex series of transactions indicative of layering activity involving multiple accounts, banks, parties, jurisdictions;
*suspected shell entities;
*bulk cash and monetary instrument transactions;
*unusual mixed deposits of money orders, third party checks, payroll checks, etc., into a business account;
*transactions being conducted in bursts of activities within a short period of time, especially in previously dormant accounts;
*transactions and/or volumes of aggregate activity inconsistent with the expected purpose of the account and expected levels and types of account activity conveyed to the financial institution by the accountholder at the time of the account opening;
*beneficiaries maintaining accounts at foreign banks that have been subjects of previous SAR filings;
*parties and businesses that do not meet the standards of routinely initiated due diligence and anti-money laundering oversight programs (e.g., unregistered/unlicensed businesses);
*transactions seemingly designed to, or attempting to avoid reporting and recordkeeping requirements; and
*correspondent accounts being utilized as “pass-through” points by foreign jurisdictions with subsequent outgoing funds to another foreign jurisdiction.
According to the Republicans, there are at least 150 SARs associated with Joe Biden’s brother, James Biden, and the president’s son, Hunter Biden.
The Republican report states that Republicans on the House Oversight and Reform Committee began seeking these 150 SARs in May of this year, reaching out to both the Treasury Department and various financial institutions the Biden family members may have used.
The report said many of the banks would only provide the requested SARs under a subpoena, which is a power the Republicans have not had as the minority party in the House in recent years.
The report said the Treasury Department — which is an executive branch department under President Biden’s authority — has also withheld the SARs thus far.
While the Biden Administration’s Treasury Department publicly claims it is cooperating with Committee Republicans’ investigation, this is not true. According to Treasury, SARS are made available to Members of Congress “regardless of party.” Treasury has publicly stated it has made SARS “available for every request [they’ve] received,” but this is not true as not a single request by Republicans working on this investigation has been accommodated.
Just as concerning, the Biden Administration changed longstanding Treasury policy of providing SARS to congressional committees. Under the Biden Administration’s policy, no committee is able to obtain SARS for review. Instead if the Department of Treasury chooses to cooperate congressional staff must review these complex financial documents in camera at Treasury.
Republicans have not received an adequate explanation for this change in policy and question whether Treasury changed the rules to hamper congressional scrutiny of certain individuals, entities, or organizations, including the President and his family.
The GOP report further warned that “if the President or his agent used the federal government to obfuscate his role in his family’s ventures, he is abusing the power of the Office of the President.”
That Republicans raised the prospect that the President Biden may be “abusing” his power is significant. Democrats accused then-President Donald Trump of an “abuse of power” during their 2019 impeachment effort.
The SARs could be relevant to the Republican congressional investigation as well as any other law enforcement investigations into the Biden family.
In December of 2020, Hunter Biden released a statement acknowledging he is under investigation over his taxes. In October, unnamed sources familiar with the investigation told the Washington Post that investigators have enough evidence to charge the younger Biden.
The Republican report states that James Biden also told investors in a healthcare business known as Americore Health, that the company would be able to get millions in investments from the Middle East, Russia and China. The Republicans stated the Americore Health business collapsed “partly because of the fraudulent claims James Biden made.” According to a witness for the Republican report, James Biden would tell Americore Health investors over the phone that Joe Biden was in the room with him and was aware of the business deal.
Earlier this year, the Wall Street Journal reported James Biden agreed to pay $350,000 to settle a lawsuit over his alleged role in Americore’s bankruptcy.
The Biden White House has criticized the renewed Republican investigation efforts.
“Instead of working with President Biden to address issues important to the American people, like lower costs, congressional Republicans’ top priority is to go after President Biden with politically-motivated attacks chock full of long-debunked conspiracy theories,” Ian Sams, a spokesperson for the White House Counsel’s Office told Newsweek on Thursday.
“"Litigation End Date" means the date on which all litigation pending as of January
14, 2021, against Purchaser, Seller, or the United States or any of its agencies or
officersarising out of or in connection withthe placement of Seller into
conservatorship and/or the Third Amendment, other than litigation that presents a maximumtotal aggregate potential monetary exposure of less than $5 billion, has been
(a) resolved in a final non-appealable judgment or (b) settled with prejudice and Seller has indemnified Purchaser and the United States from and against any loss, cost, or damage of any kind arising out of such placement into conservatorship or the Third Amendment.”
https://home.treasury.gov/system/files/136/Executed-Letter-Agreement-for-Fannie-Mae.pdf
We can only hope..and then the mid-terms again.
Well I could easily speculate how many in congress are dipping into GSE stolen funds since they were caught red handed with FTX monies. 300 billion is a lot to distribute. Will new congress expose them all?
It may appear so but JPS have contracts and as stated by Judge Lambert the next trial will address all this as I’m sure it will be an odd number jury to prevent another hung jury.
Look what happen to Impact Mortgage’s Preferred stock IMPHP and IMPHO.
They Were Cancelled And Show ZERO value This AM.
Like the GSE JPS that have been pumped by crooks on IHub; these had a $25 liquidation value and a $1 Par value.
This same thing is about to happen to all GSE junior preferred stock holders. The government is tired and pissed at them and their lawsuits.
Note, the common IMH has survived….
Yes me too loading every week dry powder and waiting for the slide
im waiting to pounce on some really cheap preferred shares.
you are making a mistake. Focus here and wait for R&R
Dow is up 1000 points, GSEs up a penny or 2 maybe. please understand all the talk is meaningless and invest in fundamentals or if u have to in a place that has positive forecasts. GSE ville is not going to move fast, no matter the good news coming. If it’s one thing u have here is time, lots of it.
No accountability in the courts or anywhere. ARREST THE CRIMINALS! We won't see justice here or anywhere until there's a return to accountability as MAGA is failing miserably. Accountability is dead. In fact, it's swung negative. Down the rabbit hole we go. The worst is yet to come.
Obama's
...has removed all deterrence. They mean to reduce the world's population from 7 billion down to 0.5 billion. Don't believe it? Just check out WEF Klaus Schwab.
Who knows. But I'm going to take these next few months to buy more each month and average down. I take it this is going to slowly slide down into the $0.30's so worth the gamble.
FMNA OS will it ever be FNM again?
1,158,087,567
FMCC OS, will it ever be FRE again?
650,059,553
as of 11/4,
If they were the best qualified for the position, then yes. Gender should not be a selection criteria. But I have some doubts they were the best qualified. Lamberth has control over this and should have kept it clean. Today's Gov is more focused on advancing folks based on political and ideological persuasions rather than best qualified for the duties at hand. A sure recipe for disaster.
From the other board:
You are spot on skeptic7. What does that tell you about the state of the nation?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170358737
According to stock price, which is always a leading indicator, not much has changed today. Can’t say same for preferred, down 5%.
Freddie is 650 million and Fannie is 1.5 billion
It’s in the conservatorship docs
It was designed to dump bad debt from bank buddies.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170284444
I think yahoo is closer. They have half of FNMA and they have over a billion. Forgot actual count.
Imagine if SCOTUS had all the facts and was not lied to???
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