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He's probably in his safe place after that HRC defeat.
Need to open the list up again for new members.
Power Hour is about to start.
Didn't you say we'd never be over $2.00?
Pfds seem to be lagging behind.
How's that short working out?
Massive buying pressure this morning. 1.5M shares traded so far.
$2.00 pre market currently. 103,600 shares traded.
Pre market looking good.
Check yo algorithm.
They always come back.
I have a feeling this is going to be a multi day run.
Time to make housing great again.
Premarket looking good.
Did he just say American Dream?
Wall Street punishing Main Street.
Unsubstantiated claims. JMHO.
HRC is cleared. Wall Street is happy. FnF fade. Enough said.
All I remember is FnF being required to buy 40B a month in troubled mortgages. But that's JMHO.
http://www.mybudget360.com/freddie-and-fannie-to-buy-40-billion-a-month-in-toxic-sub-prime-and-alt-a-mortgages/
I think we're halted pending news.
Double posts have been removed by request.
Man.....dam us.
You missed it?
http://gselinks.com/Court_Filings/PWC/16-cv-21224-0052.pdf
Looks like FHFA is really worried about the terms of this settlement.
Look on the bright side, we are still GREEN!
BIG news from Tim Mayopoulos tomorrow!!!
We're @ #MBAAnnual16 & we have a BIG announcement. Get the scoop @ the GSE session featuring our CEO Tim Mayopoulos, 11 a.m. tomorrow.
— Fannie Mae (@FannieMae) October 23, 2016
FDA violations, EPA violations, a LGBT lawsuit , and now the Hep? How are they still trading at a 20x PE?
Look for Deloitte to follow.
It was never off Whale Balls.
There are several purposes for this conference: to prevent unnecessary
motions or delay by attempting to resolve any procedural problems in the case, to
identify and clarify the main issues being raised in the appeal, and to explore any
possibilities there may be for settlement.
IMHO they wanted to get this opinion out before ours.
I wonder how much legal fees have added up to so far...
McCain called for the NWS back in 2008.
https://wikileaks.org/podesta-emails/emailid/1028
MCCAIN: No, it's not right. But we reached such a situation that, if these institutions failed, the impact on millions of innocent Americans could be very severe. In the case of Fannie and Freddie, we should stop their lobbying activities. We should eliminate the pay and bonuses that these people rake in…
STEPHANOPOULOS: George Will has an idea on that.
MCCAIN: … the most…
STEPHANOPOULOS: He says that when some places like Freddie Mae (ph) or Fannie Mae or Bear Stearns get the government guarantee, that the executives that work there should get a government salary.
MCCAIN: Sure. That's exactly right. And we could go out and ask people — the smartest people in America, maybe somebody like Jack Welch or John Chambers or Meg Whitman, people like that — and say, come and take over and do it for $1 a year. They'd be willing to do that. But the other thing is, the shareholders should not be the first ones to be paid. There should be new preferred stock issued. And those people would be, and the government, paid off first, since the government is on the hook.
STEPHANOPOULOS: And should the government get some stock, so that if Fannie Mae does recover, the taxpayers should benefit?
MCCAIN: Absolutely. Absolutely, they should, in my view. And we've got to send the signal that, over time, that these kinds of institutions have not helped the American homeowner. They've basically helped enrich a lot of people that otherwise shouldn't have been.
Closer to $2 than $1.50.
$1.99 premarket.
Another 400k on the bid.
If we could get through this resistance at $1.82, that will be the indicator IMO.
500,000 on the bid for FNMA!