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Ya I'm on now
Fox news or business?
On Fox Business I just see some infomercial.
This isn't live, I think it was recorded 2 days ago, saw pictures on Twitter then. So I doubt we'll see anything but solid, rehearsed answers, no room for speculation.
Why would Fannie be wound down and not Freddie?
Anyone notice that FMCC had more buy volume than sell volume, and FNMA had about 25% more sell volume than buy volume?
Proof?
Does anyone know how many judges would rule in an en banc hearing?
I see here: https://www.cadc.uscourts.gov/internet/home.nsf/Content/Judges
There are 17 judges, does that mean there would be 17?
When do you anticipate that will be?
Opinions released, nothing about us.
Is this going to the SCOTUS?
He's said repeatedly that they are valuable companies, said to get out of control. Offered no validation to your claim.
"Out of government control but still giving all their money to the government" Somehow seems improbable :)
Who is judge Steele? Judge for the Delaware case?
So Mnuchin meets with Watt, and wording of divided payment changes along with a table in whose title change seems peculiar. Mnuchin has met with Watt, has a team working on it, outlined the need for reform, and County said he was working hard on it. "After" tax reform meant in priority, not necessarily in time. How can it be after when he's literally already working on it and just met with Watt?
What could they possibly have talked about apart from the status of the conservatorship? They both agree it would be better for it to leave government control. Only thing they might differ on is in the way it will do so.
We got to see Mnuchin respond the same way twice, emphasizing the importance of getting tax reform first. This to me seemed very scripted and he almost seemed nervous talking about it. Could be many reasons but image, is my best guess.
Mnuchin has the banker, Goldman Sachs image, and Trump built his campaign around helping the little guy. If they put GSEs ahead of tax reform, it might make a lot of lay people feel like he betrayed them. It's also partly why Mnuchin emphasized the benefit the taxpayer is supposed to receive.
Might have to read between the lines here, maybe just seeing what I want to, but he outlined all the steps he's made and strongly reaffirmed some crucial objectives, even saying housing was his specialty.
Also note that the "after tax reform" doesn't necessarily mean in time, only in importance. He is already working hard on GSEs as he has outlined and as Cohn said. How can "after" than only be in reference to time? He's already working on it. It makes most sense to me to interpret this as purely an image thing.
Him quickly changing the subject to one more familiar and probably more beneficial to 99.9% of the public, could even be seen as a good thing, as he wouldn't have much fear for recuse if nobody would be getting rich off of his actions regarding FnF.
Ya it just showed up on the iHub Trades tab. Several huge block buys at the lows looks like someone is accumulating. Did you happen to see which MM made the buy?
Was it a buy or sell? I saw some big buys earlier today, didn't get a chance to see this one.
Another question about MMs. They buy shares in hopes of selling them for more right? I know they make money some other way, by offering liquidity or something, but in general they accumulate at a given price because they think the price will rise, and not just the demand for it per se.
I see. CSTI was flashing 750k bids on and off and was wondering what was happening. I did see a huge volume order at the price they were flashing. Looks like they could have filled. I am studying volume price action and was wondering if it was fair to assume that a big player was interested in this based on the investment.
At time of writing I saw another flash at 125k for 3.06 by CSTI again
Can someone explain what a bid and ask is in level 2? I think I understand but if someone could clarify that would be great and I can maybe point out an interesting observation.
From what I get if I see under the Bid column say 3.00 for 15,000, does that mean that someone is looking to BUY? Or do you not know for sure?
"FnF can't be like this for next 4 years", that is significant in its own sense, along with emphasising their importance in mortgage liquidity. FnF pretty much set to fail in a year if nothing is done. I'm sure he knows this.
Anyone have a link to a live Fox stream?
It would only be to our benefit is all I'm saying. It doesn't change the end value of this stock. Either way this speculating is pointless, we'll see what he says tomorrow. I would feel better if I had a green buffer.
I would have agreed prior to yesterday, but after the blood bath yesterday I wouldn't doubt that many people want some kind of reassurance here.
Because they will have nothing by 2018 if NWS at least isn't done with.
Fannie's capital reserves were $600 million at the end of 2016 but are expected to be nil in 2018
Please post pics?
And do so in a favourable way.
Watching him speak, I can't help but get the impression that he was put there to be a stubborn puppet. He doesn't seem intelligent at all and likes to defer responsibility to other people. He is probably in panic as his puppeteers are being removed. Interesting to see how he responds.
He DID agree however that conservatorship is unsustainable and must end soon, provided there is a good plan. There are a lot of guns pointed at him from very wealthy and powerful players. I'm sure the thing he wants most is for someone else to lay out a decision for him so he can blame them and not get shot lol.
Looks like he believes Ginsburg to be acting dishonestly, if not fraudulently.
How many people are on the panel? And how long would it take for the en banc to happen?
When is the ruling involving Sweeney set to release?
What does this mean for the Perry trial? What happened yesterday then? Did they not already rule?
What is a Parry en banc request?
Looks more like high frequency trading to me. They have total control over the price.
I use pro-version of tradingview, it's pretty cheap, but I think CNBC will give live feed few times a minute.
Hope interview goes well. In a sense it is comforting that information wasn't leaked out. Whales made new highs and made huge volume over and over on every single common and preferred. Then it all went down 33% in one day. Now whoever made that move is extremely pissed and wants Mnuchin to move as much as we do. I wouldn't be surprised if Mnuchin said nothing, but also wouldn't be surprised if someone said told him to at least go say something.
Then a lot of big players got played. If they knew the drop was coming, they would have waited, not bought at the high and make new highs by keep on buying.
Can someone explain to me why it has been ruled that they can't sue that the NWS was illegal?