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Answer: same way it did last 80 years...
Great job man
Imagine Melvin reading WSJ and telling inside to himself: I know it!
FMCC net zero in Q2 August... Let's make history buddies!!!
Corky bill shot of death, WSJ:
http://online.wsj.com/article/SB10001424127887323873904578569820608849816.html?mod=djkeyword
...we heard about a plan to allow the GSEs to recapitalize through retained earnings....
Cool!
yesssss
the article itself tells you at the end why not possible to wind-down FnF and avoid housing disaster, many words to say nothing
But it's not worth 0, it's 1,50... Market is reality and money looks for money, so you can be sure there are big chances to go back to 20+, just need right people to take right decisions, and that's not Corky rep for sure.
yes and now politicians want to reward them and punish FnF shareholders? ... is that the american way? Really BS.
please forget that gollum
yessss, 2 milion shares....
in your case Alligators just
If bought one year ago you have an amazing average price like me, hold it because will never see again, and it is the best investment in your life for sure. I'll retire with this stuff.
12 million dollar mmmm, then I stay here
Everybody know:
Just 1 million?
I have 500k shares at .31 average...
Nadar:
Quote:
Thanks Congressman Waters. Thanks for a joining us. Obviously the majority would not do this. Have an unofficial hearing, meeting or briefing so to speak. I'm concerned, obviously with affordable housing and redlining over the years but I'm also concerned with the double standard that the government has dealt with in terms of the shareholders . The common and preferred shareholders of Fannie and Freddie who were told over the years... and many of these people who put their shares away for a college education for their children and other needs.... They were told over the years that this was the second safest investment after Treasuries. In 2008 they were told more than that. They were deceived by both Chairman Bernanke, Treasury Secretary Paulson, and regulator (mumble uh several people whisper Jim Lockhart) Lockhart... and the record is clear here and I put this in a letter to Secretary Treasury at the present time. They're actually told this is a very a safe investment and Fannie Freddie are adequately capitalized. Within a few weeks in September Fannie and Freddie collapsed and were taken over by conservatorship. If a corporate executive did that, even the SEC would wake up... (laughter in the room) and say deception here. The important thing is that the government allowed the Citi group shareholders to survive. We're not talking first subsidy here. They allowed AIG shareholders to survive the way they bailed them out in huge amounts in a whole variety of ways in 2008 and 2009. But they're indicating they may expropriate Fannie and Freddie shareholders. And the bad thing about this is that the governments using the common shareholders of Freddie and Fannie up to 20 percent in order that the government not take on the liabilities of Freddie and Fannie. So they're using the shareholders on the one hand and abusing them on the other and keeping them in a limbo. And nothing I've heard today, and nothing I've heard over the last year or two by officials in the executive branch indicate any concern that they saved the Citi group and AIG shareholders to participate in recovery which they are. But they totally ignore and indicate they are going to vanquish and expropriate the common shareholders and who knows what'll happens to the preferred shareholders. So this is what I'd like ask. You're talking about eminent domain of mortgages. How about expropriating these people. Now there are day traders and all that but there's still people and institutional shareholders who are hanging on and performing an important function inadvertently with the 20%.
Yeahhhhhhh!
Must be hard to see how 59 billion to treasury while some people have shares at 20$ (or 50) and some say they value 0... What to say now Ben¿
I am sure Watt and experts will like more this than stupid Corker one
No worries, Constitution provides that the Gov cannot take anything without assesing its value, so shareholders won't be left in the way..
No way to leave shareholders out from recovery and loose their money, poor who sold due to mafia media
http://www.housingwire.com/news/2013/06/11/shareholders-sue-gses-conservatorship-investment-bust
No way to leave shareholders out from housing recovery, all is sham
http://www.housingwire.com/news/2013/06/11/shareholders-sue-gses-conservatorship-investment-bust
Please carry MH with you playing golf so leaving healthier air in the forum :)
http://www.busboysandpoets.com/events/event/ralph-nader
The Book:
The column is the most natural literary form for a citizen’s advocate, and Ralph Nader may be its most robust and forceful practitioner. The Big Book of Ralph Nader Columns presents a panoramic portrait of the problems confronting our society and provides examples of the many actions an organized citizenry could and should take to create a more just and environmentally sustainable world. Drawing on decades of experience, Nader's columns document the consequences of concentrated corporate power; threats to our food, water and air; the corrosive effect of commercialism on our children; the dismantling of worker rights; and the attacks on our civil rights and civil liberties. Nader also offers concrete suggestions to spark citizen action and achieve social change.
RALPH NADER is America’s leading consumer’s and citizen’s advocate, a lawyer and an author who has co-founded numerous public interest groups including Public Citizen, the Center for Auto Safety, Clean Water Action Project, the Disability Rights Center, the Pension Rights Center, Commercial Alert, the Public Interest Research Group (PIRG), and the Center for Study of Responsive Law.
For the past forty-five years Ralph Nader has challenged abuses by corporate and government officials and urged citizens to use their time, energy and democratic rights to demand greater institutional accountability. In 1965, Nader's landmark book Unsafe at Any Speed changed the face of the automobile industry. The Atlantic Magazine named Nader as one of the hundred most influential figures in American history, and Time and Life magazines honored him as one of the most influential Americans of the twentieth century. As a result of his efforts, cars are safer, food is healthier and our environment is less polluted and our democracy is more robust.
Nader speech very soon
Poor MH
Are we sure all stakeholders include common shareholders?
I hope so.
Ridiculous MH
No conflict.
He owns since 2004 at 30$ average:)
Watt:
1. Owns 10 million shares FNMA
2. Back to SUP500
3. Restore dividend
JOJOJOJO
Watt >>> technical decisions from experts >>> Corker's bill R.I.P.
500k 0,31
Watt will bring the common sense and allow new regulation after reprivatize FnF
NOTHING NEW SINCE TOUCHED 5$
But estimated 2Q earnings 35billion at least... Don't let mafia media steal your money
Surebet