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Nice to see your post here Camaro.
Capital classification was an action by the director. NWS was action by the conservator. We're challenging the NWS as an action by the conservator that could be reviewed under Section 4623(d) if I'm understanding this correctly. They don't want it to be viewed as a capital classification change as it would “affect the effectiveness,” of the capital suspension. They're saying you could eliminate the NWS while keeping the capital suspension.
"this is way surprising: https://www.dropbox.com/s/nhj8j25a8ot90m8/perry%20fdic%20amicus.pdf?dl=0
fdic just filed an amicus with perry appeals court saying that while fhfa claims it is not the US govt, fdic wants appeals court to know that fdic considers itself US govt
this should have relevance in faitholme's case before court of federal claims"
Posted by cherzeca on another board......
Did you say $2.85?
I see green!
It's a NASDAQ quote, not a stock. If/when we get uplisted we'd more than likely land on the NYSE.
Strange that the defendant would request this. Why didn't the plaintiffs?
The power of Nagra Financial Centre is in full force today.
How's Thapur going to be able to buy more shares if he doesn't recuse?
Unless he's holding FNMFO.
Is this what you're referring to? This is all I could find for now....
http://www.washingtonexaminer.com/corker-warner-warn-regulator-not-to-free-fannie-and-freddie/article/2595901
Helmer Friedman LLP Persuades U.S. Supreme Court To Accept Case Against Fannie Mae
http://www.prnewswire.com/news-releases/helmer-friedman-llp-persuades-us-supreme-court-to-accept-case-against-fannie-mae-300292258.html
LOS ANGELES, June 29, 2016 /PRNewswire/ -- Agreeing to address whether suits against Fannie Mae are automatically subject to federal court jurisdiction, the U.S. Supreme Court today granted Helmer Friedman LLP's petition for certiorari in Lightfoot v. Cendant Mortgage Corp. Case No. 10-56068. Underscoring the importance of the firm's jurisdictional arguments, the U.S. Solicitor General's Office also urged the Supreme Court to take the case and rule in favor of the firm's clients.
Helmer Friedman LLP represents Crystal Monique Lightfoot and her mother, Beverly Hollis-Arrington, in a long-running California lawsuit seeking to prevent government-sponsored mortgage lender Fannie Mae and others from foreclosing on their home. The Helmer Friedman LLP team now has the opportunity to convince the Supreme Court that the case belongs in state court, not federal court, which their clients – even when representing themselves earlier in the litigation – argued all along.
Helmer Friedman LLP founding partners Gregory D. Helmer and Andrew H. Friedman
Helmer Friedman LLP founding partners Gregory D. Helmer and Andrew H. Friedman
The issue has potentially far-reaching implications because thousands of suits are filed against Fannie Mae in federal court, and many other entities are governed by similarly worded jurisdictional provisions.
The Lightfoot case centers on whether the statute governing Fannie Mae automatically confers jurisdiction in the federal courts whenever Fannie Mae is a party, even when the case involves purely state law issues. The statute says Fannie Mae "shall have the power to … sue and to be sued … in any court of competent jurisdiction, State or Federal."
In a 2014 ruling, a divided Ninth U.S. Circuit Court of Appeals determined that Fannie Mae could always be sued in the federal courts, citing a prior Supreme Court case called Am. Nat'l Red Cross v. S.G., 505 U.S. 247 (1992)(a highly divided 5-4 decision with Justice Scalia writing the dissent).
But in challenging that ruling in the cert petition, the Helmer Friedman LLP team argued that the Ninth Circuit had misunderstood Red Cross and/or that the Supreme Court should reverse the earlier Red Cross decision. Helmer Friedman LLP's appellate team, led by name partners Andrew H. Friedman and Gregory D. Helmer, look forward to persuading the Supreme Court that our reading of the plain language of the statute is correct.
"The Supreme Court's grant of certiorari in this case is the culmination of several years of work," said Gregory D. Helmer. "We knew it was a longshot, but decided the issue was important enough to battle the odds. For years, Fannie Mae has argued that individuals do not have the right to proceed against them in state court. But, in our view, the language of Fannie Mae's corporate charter authorizes an individual to commence a legal action in a state court so long as that court has a legitimate basis for jurisdiction. We look forward to making that argument to the Supreme Court and hope the Court shares our perspective."
Commenting about the Court's decision, founding Helmer Friedman LLP partner, Andrew H. Friedman, exclaimed: "We were thrilled a month ago when the U.S. Solicitor General filed a brief with the Court recommending that our petition be granted. This morning, we are beyond ecstatic."
The case will be briefed over the summer and fall, and will likely be argued in late 2016 or early 2017
In addition to Andrew H. Friedman and Gregory D. Helmer, the Helmer Friedman LLP team includes co- counsel Josh Rosenkranz, Robert Loeb, Tom Bondy and Matthew Bush of Orrick, Herrington & Sutcliffe LLP.
Copies of Helmer Friedman LLP's petition for certiorari and all other pertinent documents can be accessed at http://www.helmerfriedman.com/us-supreme-court-grants-petition-certiorari/
Volume was weak on the drop too.
Who made that promise?
Grabbing another 5000 at 1.95 this morning. Thanks for the discount UK.
http://www.nytimes.com/2016/06/16/business/fda-warns-whole-foods-on-failure-to-address-food-safety-problems.html?_r=0
Phil Lempert, an expert on grocery store operations and marketing, said that the food safety crisis at Chipotle Mexican Grill late last year should have been a wake-up call for Whole Foods and anyone else in the business of preparing fresh foods for sale.
“For Whole Foods to be in this predicament, frankly, there really is no excuse,” Mr. Lempert said. “Because Wall Street has put it under such pressure to expand growth, I think Whole Foods has gotten sloppy — there’s no reason anyone should have water dripping into foods.”
Industry experts disagree.
If it wasn't being considered, it wouldn't be a concern. I'm actually pleased to see this coming from Stevens. It means something is in the works IMHO.
If the FDA closes this kitchen, it will have an effect on consumers as well as the stock. Reading the letter, WFM is clueless on how to handle this issue. CMG all over again.
Demonstrators in New York and Los Angeles called on John Mackey to distance himself from the former rabbi who has been accused sexual assault
http://www.tabletmag.com/scroll/203581/protesters-take-aim-at-whole-foods-ceo-and-his-link-to-marc-gafni
Whole Foods Market cited by FDA for food safety violations
http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/2016/ucm506089.htm
Has it been ran at all 3 financial centres though Rick?
I'm pretty sure you can.
https://en.wikipedia.org/wiki/Conspiracy_(civil)
The Court agrees that “justice delayed is justice denied.”
http://www.gselinks.com/Court_Filings/Judicial_Panel/MDL-2713-0029.pdf
IMHO Judge Thapur knows a taking when he sees it, and will bring justice to Mrs Robinson.
It's already a sticky.
It won't allow me to change the order.
Sticky'd.
It doesn't matter how many signs, it matters how many vote yes.
And people were doubting your call yesterday......
Looks like there's a gap to fill between $2.43 and $2.50.
Sweeney is looking at those privilege docs today. Must be some juicy info in there.
And the walls came tumbling down.
Looks like the article reached even more people today.
"A version of this article appears in print on May 22, 2016, on page BU1 of the New York edition with the headline: The Secrets of a Bailout With No Exit."
This will not happen during market hours IMHO. They will all need to cover at once.
Working for me.
We got our golden cross though.
Wikileaks on Facebook is reposting the recent Rolling Stones article.
https://www.facebook.com/wikileaks/posts/1004683742900071
Nice bull flag forming on the chart.