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"Nancy Pelosi Index Fund"
LOL! Never thought about that one myself but its return is a solid 100% a year or more!
I think in the beginning the instigators didn't realize they could steal and not be accountable so easily. Once they did, Katie bar the door!
"just when you think somebody knows sumthin, nutin honey, including and especially KTCarneyCanival Crowd who taints everything so u can only see that perspective in the fog, all BS facts out of context that dont mean a damn thing. (they are getting smaller and smaller as they dumped preferreds) so goes the GES extended saga."
As the old saying goes "don't nobody know squat!" And with nobody knowing squat, no squat is going to happen. We remain in limbo for the foreseeable future. Fannie, Freddie and the Invisible Man have much in common.
" But it keeps the blood boiling and I will see it to the end!"
Maybe yes, maybe no.
"Quote: “Fannie Mae and Freddie Mac have been in federal conservatorship since September 2008. CBO treats the two GSEs as government entities in its budget estimates because, under the terms of the conservatorships, the federal government retains operational control and effective ownership of Fannie Mae and Freddie Mac."
I might be dumber than a box of rocks but my reading comprehension is quite good. For all intents and purposes, the government is driving this bus and they only paid, what was it, $74,000, for it?
"Yeah. GSEs passed all stress tests and got Nationalized. Other banks failed the same stress tests yet were given loans with 2% interest and let keep going while their bad loans were forced on the GSEs."
So what two-bit lawyer or law firm has seized on those facts and filed new lawsuits against the government for unfair dealing?
I believe the answer would be nobody or none. Apparently, getting screwed by the government is not actionable because it sure as hell is easy to prove.
"Hasn't the government already breached ALL faith by Nationalizing these companies?"
Absolutely, with or without argument!
"If he dies before signing maybe Sweeney could pick it up to slow walk it some more."
LOL! Maybe she is the substitute quarterback. That would be our luck.
"No, if the government steals more then there will be more lawsuits."
More lawsuits.? Then this shit will drag on until 2050 or beyond! I'm sure I can be scratched off the list of shareholders, by then deceased.
Don't you all just love it! Trump allies making plans to privatize Fannie and Freddie. Making plans? We don't need no stinkin' plans! Just come to work one morning and say they are released from those damn conservatorships! That's all it took for Hanky Panky back in 2008; that's all it would take now. This "planning" BS is just that, bull shit.
"Sandra will get GSEs out of the conservatorship"
Dammit . . . . you made me laugh so hard I peed in my pants! Stop that crap!
"Still believe that a big upward move is coming soon."
How many years is it that you have been holding that thought?
...............but, nobody knows of our plight. Militarily speaking, we've been MIA for 16 years.
"Another year of rambling, talking to your dressers at night, no sleep. Your comments are meaningless, time to find a new hobby!"
And a big thank you to socialist America for imposing this shit on shareholders! I hope those responsible die a horrible death with much pain and suffering before their last breath.
KIA/MIA
Fannie and Freddie don't need old Warren, they need JUSTICE. Everything else will fall into place.
How could one take this old interview seriously, then or now, when the Bloomberg interviewer wore his "clown socks"?
Thank you Aunt Esther. LOL!
Have you witnessed anything remotely resembling intelligent since this fiasco began?
"The better question would be, why are the winners of this trial patiently sitting without raising a stink, for not having received a verdict written down after 1+ year of Jury trial completion.
They dont care about being paid?"
Probably afraid if they make any waves, Lamberth will screw them even more than he is going to screw them now.
Retarded judge handling the matter. It's a wonder there will ever be an end.
When will this lunacy end?
" Commons are worth 20 to 30$ per share"
Commons are worth $20 to $30 per share right now in this horse shit 79.9%/20.1% scenario. Fully released tomorrow, they quickly go to 5X what you suggested. Unencumbered and with a little time, 2X that second figure.
"$1.21 $1.22 $1.21 $1.22 $1.21 $1.22 $1.21 $1.22 … yawn"
Does it remind you of a wall clock . . tick, tock, tick, tock? What it is, to the lay person, is the passage of time where Fannie and Freddie never get released from their dreaded conservatorships. Tick, tock, tick, tock . . . . . . . . . .
"As of August 14, 2023, Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) shareholders have a new legal victory "
Did any of you notice that tomorrow, it has been ONE YEAR since the jury verdict, and that fat f**k Lamberth hasn't done his job?
Soon? You bet! LOL!
Oh, not saying Blackstone is flipping shares but it IS a strategy and is probably the only strategy over past many years to make money trading GSE shares. I wish, in hindsight, that I had done so with my little holdings rather than sit here like a bump on a log and make absolutely nothing. Way back when, I bought the GSEs as dividend payers and over the ensuing 20 years, the government's intervention has, literally, cost me millions of dollars in dividend-lost payments.
Remember Wash - Rinse - Repeat.
Buy 11M shares, run it up 50¢, sell, repeat. Makes you $Millions and $Millions over time.
I told him not to listen to Corker about F&F!
Was release ever on the table?
"FNMA Projected EPS $2.66 !!!!
Source:
Yahoo & Fidelity"
And guess how much of that you will be allowed to share in?
The warden doesn't even know we exist down in the bowels of the prison!
"A nation of laws doesn't keep it's most profitable corporations in a fraudulent temporary conservatorship since 2008 to swindle their equity for pet projects not funded by Congress."
Soooooo..........you're just about there in your assessment of the situation and all roads lead to the fallacy about the U.S. being a "nation of laws". Yes, we have laws but they aren't worth the paper on which they are written if they are not enforced. Obviously, laws are not enforced therefore we are hardly a nation of laws but rather a nation of corruption where everything is for sale to the highest bidder.
"Think long term. The more they earn, the more capital they’ll have when this swindle ends."
I'm a bit more concerned if I will have anything to show before I die of old age. Screw the children and grandchildren, I want what I've waited for going on 20 years now! This stock was $57+ when I bought my first 1000, now it's NOT!
"Name one person who has been right in the last 16 years. So it doesn't matter"
ME! I said it would NEVER end and I've been flawless for 16 years and the meter continues to run.
Unfortunately, it's all talk until it happens. We can't do it and neither can Millstein. Trump, if elected, can force action to be taken to end the fiasco but I'm not fully convinced F&F are on his mind or a constantly echoed topic by his aides and confidants.
I'm getting older, as are many of you, and this shit needs to end. I bought these stocks for dividends. Since they have become grossly profitable, 2013 to present, the denial of dividends has cost me, literally, millions of dollars.
"Great day. Sun is shining, skies are blue."
And Fannie Mae was locked away in a deep, dark basement and will not be out to play!
"Did the NWS result in monetary damages granted to Shareholders? YEP."
Ask a Fannie Mae common shareholder.
"Perfect 4 months for Biden to do something, now that he doesn't care about winning a term or legacy or coming back.
By Biden I mean, whoever is driving the housing reform, they can take a bold decision"
I asked him that very question and he wanted to know if Fannie Mae and Freddie Mac were some of my family members. I believe we are in trouble!
"if any of you have a clear sense of releasing from 16 year conservatorship please post."
Being brutally honest as a 20 year shareholder, I do not believe anyone who is capable of bringing this saga to an end even gives a seconds thought to doing so.