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What in the world are you talking about?
Besides, the old tickers were FMC and FNM
Those are only beneficial for people who flip houses. A lot of people got stuck with these when the housing market crashed which only added fuel to the fire.
Unfortunately, some not so smart people get these as their primary mortgages and then are in over their heads when the real rates kick in because they didn't understand the terms of the loan.
This certainly doesn’t look like a company that plans to be shut down.
This was over 2 years ago. The time this is taking just to get to the initial stages of trial is ludicrous. Sweeney’s court hasn’t even started litigation yet and it’s been what, 3-4 years? What the hell is taking so long?
I agree if there’s no underlying plot to do something shady. Unfortunately, the odds are about 50/50 of that being the case.
Sickening.
Hey buddy,
Good to hear from you. Here’s hoping for a profitable FNM in 2018!
Spending bill has passed the senate by a landslide. Now can we get to releasing the GSEs?
I don’t care for the way this has been ignored. The silence is deafening.
Interesting point.
His comment to Rosner about agreeing with his GSE analysis is YUGE for us. Just wish there’d be some indication from the Trump Amin about future plans instead of this silence.
This is positive, but I don’t like the continual delays in addressing the issue. Growing weary.
Why are you so much against P holders? I only hold common, but we're all in the same boat here. SMH
Sweeney is hoping to retire before she has to make a ruling apparently.
As much as I like this tweet, intellectual property doesn’t constitute stocks, so it’s not of much significance to us.
No way! That’s quite promising.
Why the EOD surge?
Excellent article. Thanks for posting
You’re kidding, right? You actually think he’ll do something other than punt the ball back to congress?
Exactly. It’s extremely simple, so why has it been so complicated? Answer: corruption or stupidity and I’m not sure which is worse.
10 years invested here and nothing to show for it but aggravation. I don’t see congress or the courts, or Watt or Trump doing the right thing for anyone but themselves.
What once looked like a very promising investment now looks like the biggest waste of time in history. Not because the investment theory isn’t sound, but because we can’t trust our government to do what’s right...ever.
Courts? Useless puppets doing the bidding of their master.
In no legal terms in any way you look at it, should this be allowed to happen, and for so long. But it has and the courts have let it.
It's getting to the point of tyranny when a government can just simply take what it wants with no checks and balances. If we lose this case, we've lost more than our investment.
Our very freedom will be lost.
More paid-off judges serving politics above law.
Everyone has failed in this case. The courts, Congress, Treasury, Watt... They’re all incompetent.
This makes my blood boil. Are you kidding me Jeb?
What about the $100 billion the gov robbed?
http://www.washingtonexaminer.com/jeb-hensarling-rips-fannie-maes-request-for-a-37-billion-bailout/article/2649108
At least it’s the whole market. Somewhat comforting
http://www.foxnews.com/politics/2018/02/05/wall-street-bites-back.html
This really is getting beyond sickening
Quote from who on what source?
Those guys said we'd all lose our investment. Not sure how that could legally happen, but I've gotten to the point where nothing would surprise me.
Holy smokes! This is the most positive news from govt yet, and from Corky of all people! He must have stopped shorting and bought now.
Good points.
That's pretty disgusting. However, I find it curious as to why he hasn't bought the GSE stock while it's low and try to pass reform measures.
It would seem that would be more profitable to him rather than killing them.
It’s amazi g isn’t it? And to think discovery isn’t even complete in Sweeney’s court. It took 3 years of litigation just to get access to documents. The actual trial hasn’t even started!
Absolutely disgusting.
STMicro Results Soothe Investors: Barclays -- Market TalkFont size: A | A | A
7:45 AM ET 1/26/18 | Dow Jones
1245 GMT - STMicroelectronics's positive fourth-quarter results have reassured investors, who were concerned about the effects of a weaker dollar and a potential slowdown in demand from Apple, a key customer, Barclays says. The U.K. bank says the chip maker will likely post strong sales in the second half of 2018, largely helped by new Apple deals, which will more than offset foreign exchange market pressures on its margin. Although Barclays says investors may not regain confidence overnight, it expects momentum to build over coming quarters. Barclays raises STMicro's target price to EUR24. Shares trade 0.1% lower at EUR18.91. (marc.navarrogonzalez@dowjones.com)
> Dow Jones Newswires
January 26, 2018 07:45 ET (12:45 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
STMicroelectronics Price Target Raised to $30.00/Share From $26.00 by Craig-HallumFont size: A | A | A
4:46 PM ET 1/26/18 | Dow Jones
Ratings actions from Benzinga: http://www.benzinga.com/stock/STM/ratings
> Dow Jones Newswires
January 26, 2018 16:46 ET (21:46 GMT)
I disagree with this statement
Let’s sum up:
1. Watt stated he thinks the GSEs should be returned to private entities.
2. They decided to retain capital.
3. Mnuchin stated they will address the issue this year.
4. The stock has only gone down since.
SMH