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Hvpatel, I agree, and I'm very interested in what HLF reports after the bell as well. Just as Bill is, I'm sure.
Lets hope so! :)
Thanks. I agree. I know how much these 24 hour transcripts cost for the original and the copy (less expensive)request, so again thank you for spending your own money on this. I was just curious as I have done this in the past also, but only as a copy requestor and it's interesting to see who the original requestor is (it states it on the invoice) and to see what their ties/motives to the case may be.
Dollars1, thank you for providing this. I'm not sure if you requested (and paid for) this, but if you did, thank you. If I might ask, if you did pay for this...were you the original or a copy requestor? If you weren't the original, do you mind sharing who the party was that requested it originally? Good info to have sometimes. Either way... Thanks again for your above and beyond efforts.
You go Mr. Capuano!
Thanks for the update Dollars.
So true, although sometimes I believe Corker's ego is bigger than his brain.
Regarding the AIG case...what details and dates do you have for upcoming closing events for the case? Not a lawyer, so not sure what is left to do in the case.
Any insight you have is much appreciated.
Dollars, thanks for posting this.
Good Morning Obit, and as always, thanks for the insight!
Is this what your gut is telling you or do you have other information?
TIA
So you think WB is already in?
Freddie Mac Sets Release Date for Full-Year 2014 Financial Results
Last update: 17/02/2015 9:38:07 am
Freddie Mac Sets Release Date for Full-Year 2014 Financial Results
MCLEAN, VA--(Marketwired - Feb 17, 2015) - Freddie Mac (OTCQB: FMCC) announced today that it plans to report its fourth quarter and full-year 2014 financial results before the U.S. financial markets open on Thursday, February 19, 2015.
The company will hold a conference call at 9:00 a.m. Eastern time (EST) on Thursday, February 19, 2015, to discuss the company's results with the media. The conference call will be concurrently webcast.
To access the live audio webcast, use the following link http://www.visualwebcaster.com/event.asp?id=101452. The replay will be available on the company's website at www.FreddieMac.com/investors.
All materials related to the call will be available on the Investor Relations page of the company's website at www.FreddieMac.com/investors.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Additional information is available at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
(MORE TO FOLLOW) Dow Jones Newswires
February 17, 2015 09:38 ET (14:38 GMT)
Hvpatel is right. It doesn't matter what the pps is when he states his Xs factor. It only matters what his avg. pps is, which I believe is around $2.29. He always "we think we can make X times our money", meaning what he has in it times 10, 15, 25 or whatever. So, 25 times $2.29 is about $57 per share.
run fannie, run...
Get ready. About to bust through 2.60
Nothing on FNMA. Full interview to be posted HERE later
doesn't look like 2.54 will be a problem.
I'm thinking some of Ackman's buddies at the Harbor Investment Conference are starting to buy a little.
MB, thank you for the insight.
I know you made it to some (or maybe just one) of the DC court dates when this all started, then I believe you said you had a restore project that kept you away for a while. Have you been to any of the DC court proceeding as of late? Say, in the last six months or so? If so, any comments would be welcomed here.
Thanks and keep up the good work!
Thanks for the info 955.
Rocco, no, he did not comment on Pratt. My guess is he didn't even know about the order when he started the call. You could sense all of his comments on FnF were scripted to questions that had been sent in ahead of time. It was almost as if BB and the person asking the questions were both reading from a script. He spoke on FnF for about 10-15 minutes I'm guessing.
pratt grants motion to dismiss based on preclusion in continental
Edward Skala....I believe he is a staffer for Hensarling on the HCOFS.
Edward G Skala
Dollar, first caller was Brian Collins a senior editor at National Mortgage News.
Brian Collins
Darrell, I believe if was just Peter Wallison, of the American Enterprise Institute, pimping his new book. His theories of fiction have been proven wrong time and time again, but he's still trying to make money on them by selling his book that should be titled "The Big Lies".
Peter Wallison on CNBC
Bruce, may God bless you. Please know many, many prayers are with you.
beta-hi, I agree 100%.
I believe I read it was closer to 60-70B. I think FnF actually needed about 130B worth of assistance from the UST. If you remove the DTAs that were later used/reversed I believe they may have needed only 40-50B in actual bailout funds. Go one step further and consider their loss reserves and presto you might be close to zero funds needed.
He actually said...“And that’s why I've called on congress to wind down..”
At least he did refer to FnF as "government backed companies"
In his next sentence he was talking about FnF again when he said..."The bottom line is, that we don't think there's anything wrong with pursuing a profit, but we want to make clear the days of making bad bets on the backs of taxpayers money and then getting bailed out afterwards, we're not going back to that."
He is directly referring to FnF's portfolios in that statement imo.
Mike, I think AT is rounding his number slightly. FnF together have close to 2B shares outstanding. IF warrants (80%)were to be exercised then you would have almost 10B SO. $400B divided by 8B shares = $50 per share.
Does anyone have a link to where Ackman actually spoke about FnF...not the other companies he spoke on?
If not, maybe someone that watched/recorded it could give a play be play.
TIA
Hey cmdr, you been having any problems with Time & Sales on Trade Architect yesterday & today? I have and use the same older version as you.
TIA
I agree Camacho.
Do you or anyone else that listened to the call remember what Tim said about his meetings on the hill last week. Something about how he got the feeling that some in congress are showing signs that they will not stand for "this act" (believe he meant the 3rd amendment) and they may be ready to act on changing it. Did you guys hear anything like that? I had a hard time understanding this comment about his meetings last week.
Any help on the topic is appreciated.
Dollars, I agree. Why would someone spend their time posting on a stock board of which they own no stock? Man, I hope my life never gets that bad....or....maybe they have other reasons. Either way, that life can't be much fun. I feel sorry for them.
Thanks rocco. With no oral arguments requested/taking place, I'm guessing Tim Howard's application will be approved by Judge Sweeney anytime now...hopefully this week.
Yes Dollars, it should be available on PACER sometime after 5pm tonight.
We have Bruce B. interview airing PBS tonight and all weekend long. And, don't forget the Starr Int. v. USA trial starting Monday....very important!
Thanks hvpatel. I was going to post that. The other documents are now up on the Google board.
Welcome...I've been away for a little while, so, thanks for posting some of the previous court docs. Two heads are better than one for sure.
I'm not saying the price won't "run" this fall (I for one, will be very happy if it does go up.) I'm just trying to explain to you why it ran last fall...instead of saying it ran last fall so it's going to run this fall.
It was called Bill Ackman buying 10% (over 110 million)of the shares over a 6 week period. PPS doubled during that run.